EXR 0.00% 11.0¢ elixir energy limited

Now if we were 25 days into the stimulation program, you could...

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    Now if we were 25 days into the stimulation program, you could make a case for this. But 6 days into the program, they probably only fracked and flowed 1 out of the 6 zones. If results weren't great, as you suggested, they would still frack all zones, analyse the data and take that into their DD3 planning.

    I am still putting my bets on an exceptionally flowing Lorelle, commercial in its own right. which has seen the company decide to go for early cashflow and convert the well into a production well. Before testing the other zones, they might already put a production casing in place for the lorelle and seal the zone off.

    This scenario changes the Intended Outcomes, changes Design and changes Timing.
 
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