EXR 4.35% 11.0¢ elixir energy limited

Ann: Daydream-2 Update, page-8

  1. 4,019 Posts.
    lightbulb Created with Sketch. 584
    "Although the ultimate extent of these sandstone reservoirs are unknown, there are clear indications that a quality reservoir is present – potentially over an extensive area, given the correlations with Dunk-1. Identifying the extent and thickness of these sandstones are now a firm part of Elixir’s plans going forward."

    So the plan is to determine the extent and thickness of these sandstones. My interpretation is at least another hole needs to be drilled, if not two. Where are we to get the money from or who will fund it? I assume any positive outcomes from the stimulation and flow testing will bring a partner on board, preferably, other wise we'll continue to dilute our holdings.
 
watchlist Created with Sketch. Add EXR (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
-0.005(4.35%)
Mkt cap ! $124.7M
Open High Low Value Volume
11.5¢ 11.5¢ 11.0¢ $61.87K 550.8K

Buyers (Bids)

No. Vol. Price($)
26 959904 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 401085 9
View Market Depth
Last trade - 16.10pm 23/05/2024 (20 minute delay) ?
Last
11.0¢
  Change
-0.005 ( 2.22 %)
Open High Low Volume
11.0¢ 11.3¢ 11.0¢ 562964
Last updated 15.56pm 23/05/2024 ?
EXR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.