EXR 20.0% 12.0¢ elixir energy limited

Ann: Nomgon Pilot Operational Update, page-43

  1. 682 Posts.
    lightbulb Created with Sketch. 639
    Neil Young talking about our current .5 TCF at Grandis: "That is $5B worth of revenue right there". And they seem comfortable that they can double that figure with appraisal well end of this year.

    $5B is of course future revenue for a producer that will buy our lot - but still, even if we get 10% of that we will be cashed up and able to put that money into Mongolia for CBM and H2.

    Would be great to see a farmout at Grandis that involves a cash payment + ongoing royalties on revenue.
    Would open up the possibility to give SH a one of divi and deploy a couple of $100M to Mongolia.
 
watchlist Created with Sketch. Add EXR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.