EXR 0.00% 11.0¢ elixir energy limited

Ann: Drilling update, page-36

  1. tui
    6,081 Posts.
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    Justin,
    I have been involved with this CBM/CSG business every day since a dear late friend introduced to me to it.
    Initially I thought there was not enough gas for a bbq. How wrong I was.

    Within a few years there are 3 big LNG plants exporting gas out of Gladstone into China. I did a bit of research into PES way back ( Pure Energy ). I nearly put the lot onto it. Floated at 20 cents it had up and downs and then suddenly it was available at 5 cents.
    I had a dream to mortgage the house and put it all on PES. Never did it . Too scared .

    I have been researching PES (PURE ) today . I think EXR will tread a similar path. Drill holes, examine. drill more . Get a resource statement. Drill more, prove up more resource and then about 3 years from now sell out to the Ultimate Major.

    This is my view.
    DYOR DYOR. Been wrong with a CSG Chinese before.
    Please do your own research. I am an optimistic shareholder. I know the MD personally and the Board has enormous strength.
    Do not hold me accountable. DYOR. Watch some doco's on Mongolia , check out the Board and all the work that Neil Young has done to bring this to fruition.
    Do not invest in this stock until you realise .
    Best
    Tui
 
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