EXR 8.70% 12.5¢ elixir energy limited

yeah maybe, ....but then again maybe Nom 5S drilling costs have...

  1. 2,249 Posts.
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    yeah maybe, ....but then again maybe Nom 5S drilling costs have been paid from existing funding (previously allocated for other basin exploration....we are funded for futher exploration till early/mid 2021 with existing funds aren't we?) ...I'd be happy for them to divert previously allocated funds for other exploratory work to drain every possible ounce of potential out of Nomgon before exploring other basins.....if Nomgon is proven bigger and better quality than initially expected we'd have a better initial contingent resource to book and a increasingly attractive conversion case for oppie holders as we get nearer to Dec expiry date and as a result with greater conversion, a further $7-8mill to go explore Richcairn & some of the dozens of other basins further into 2021
 
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