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EXR

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6.3¢ elixir energy limited

Ann: Funding for Grandis and Nomgon, page-154

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AM27

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04/09/23

11:04

Post #: 69717284
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Originally posted by Wonkers: ↑

The opportunity for Neil and the Board is to absolutely get on the front foot and nail execution and communication around the stimulation activities, given this caveat.

My expectations are that activities 6 & 7 as per the chart above are strictly adhered to, and managed very carefully- especially if there is any delay or setbacks.

Of course, things always take longer than we expect....However, I think we're all very weary of initially optimistic, almost flippant timeframe expectations given as guidelines and then very poor, almost lacking comms around setbacks, delays, strategy changes etc.

Of course nothing is guaranteed and there are always going to be issues out of our control, HOWEVER, communications (and to a degree, timeline management expectation) is absolutely within Neil's control, and with Grandis in particular, he must nail this aspect of leadership to IMO at least, restore some lost faith.

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really hope Neil and co have their ducks in a line for this one. I havent seen EXR mention horizontal wells yet, which is what OMA is doing. I would hate to see sub par results on the first attempt because they chose vertical wells over horizontal. just have to trust they make the right decision with the data they have.

id be happy for EXR to drill then sit on their heels until OMA start publishing results.

EXR Price at posting: 6.1¢ Sentiment: Hold Disclosure: Held
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