EXR 15.0% 11.5¢ elixir energy limited

[ATTACH][ATTACH][ATTACH][ATTACH] note on page 13 - all those...

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    note on page 13 - all those squiggles before the well numbers means ‘approximately’ and this was at a point when we only had $10m certain. that’s not exactly the case today..

    30 wells in the next 16 months with $8 as noted on page 5 pie chart would amount to $263k per well. That would be enough to cover 30 core holes or production holes surely? With a mix of core, strat, production holes (I don’t know what’s involved in production drilling) but you can take that squiggle away and give me a 60 - over the next sixteen months until September next year, so average 4-5 wells per month during summer. Don’t expect to have to wait too long for updates. Neil is always understated (but slips in a bit of cheek here and there for the keen observer)
    Last edited by justinmetals: 12/05/21
 
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