EXR 4.55% 11.5¢ elixir energy limited

Ann: Nomgon CBM Operations Update, page-105

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    The company has said many times it will not be a producer, and will look for a company with the balance sheet to take this to a production level. All we need to do is prove up a couple of basins by testing to commercial flow levels, then sell the entity off. The notion that the company can take however long it takes and burn through cash is utterly ridiculous as alluded to by some. We should hopefully be hearing about N10 pilot drilling timeline, and plans for either Big Slope or Yangir for the next basin to be tested. The sooner the better.
 
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