EXR 20.0% 12.0¢ elixir energy limited

Ann: Operations Update, page-10

  1. 2,112 Posts.
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    Reading the 3rd time of the update within 10 mins and key takeaways:
    - 3 exploration rigs
    - 1 pilot production rig
    - 1 hydrogen rig
    - New sub basin found
    - Civil works for pilot production commence shortly

    Not a 100m of coal for Bulag Suuj-1S or Yangir as we expect and even having difficulty with Yangir drilling but this is a solid foundation built.
    In fact, this is a topnotch preparation for a wonderful second half.

    I cant wait enough to see what we can achieve in the next 6 months with 5 rigs working all days and nights.

    Where to find more cash for accumulation? Wifey as collateral?
 
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