EXR elixir energy limited
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It's easy to Monday morning quarterback, but what the heck,...

  1. M5 CS
    4,719 Posts.
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    02/05/25
    15:52
    Post #: 78898314
    It's easy to Monday morning quarterback, but what the heck, let's go....

    It looks like Neil's venture into Mongolia was executed incorrectly. Rather than finding one or two basins to pilot test we blew millions drilling holes everywhere trying to prove up the size of the block rather than determining if gas could flow, at commercial levels. Then the Russia/Ukraine was broke out and that sealed the deal on the CBM project.

    What a waste of money, at least some of it will return. Let's see what news breaks shortly regarding the Taroom trough.
    EXR Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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