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7.1¢ elixir energy limited

Ann: Daydream-2 Well to Spud in October 23, page-24

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pakkham

13,239 Posts.

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04/07/23

12:24

Post #: 68609135
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Originally posted by Padaj: ↑

Yes this was a massive tick for Neil and the board yesterday to lay out the pathway for Grandis with such detail.

To spud in late October this year is a pleasant surprise for all and to be utilising the same rig that our neighbours successfully utilised recently.
Federal Government will pay 43.5% of the total cost of the Daydream 2 well. Project debt finance readily available if considered advantageous.

Yesterdays announcement by OMA regarding the Trevor Brown appointment is widely viewed as a strong endorsement on the quality and merits of the play in the Taroom Trough.

In my view over the next 6 months or so we are very likely to see a much needed improvement to our sp because of the work already done behind the scenes in first 6 months of this year.
As Neil said in a recent announcement(13/6)"We are very much looking forward to the multiple sources of potentially very positive news flowing from all of these activities"

And true to his word it started yesterday, thanks Neil!

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you said?? a well needed price surge??
querry>>
why still dumping on news
ask Newil on next call

EXR Price at posting: 8.0¢ Sentiment: Hold Disclosure: Not Held
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Last 7.1¢		Change 0.004(5.97%)		Mkt cap ! $82.57M

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Ann: Daydream-2 Well to Spud in October 23, page-24

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Ann: Daydream-2 Well to Spud in October 23, page-24

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