Ann: Drilling Update, page-35

It seems like the objective of the chip-hole was met, always a good thing in exploration drilling.

Elixir’s Managing Director, Mr Neil Young, said: “We are pleased that the drilling of BO-CH-1 has led to the observation of gas in the system and encountered coal as suggested by seismic”.

‘The net coal thickness is in line with expectations at this location’.

I also just increased my holding at these levels. I’m not a trader, in it for the long term and expect a number of ups (mainly) and downs over the following weeks. The market cap is $20 million at these levels and there is enormous upside potential.

Now on to the main game, Ugtaal-1 core-hole. GLTAH