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11.5¢ elixir energy limited

Ann: Suspension from Quotation, page-56

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Wonkers

2,188 Posts.

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29/04/24

14:42

Post #: 73560926
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Originally posted by jctrout: ↑

They did this when they sanded in the Nomgon wells last year, so they may be rectifying a problem before it affects share price. Daydream was the last great hope for the company with the water table being so shallow in Mongolia.
This approach in daydrem-2 was always a long shot, microbead injection has only been done a handful of times in the USA and we have no expertise here to do it - I flagged the engineer early last year as a BS artist. Design and timing is smoke from my view for how the FK do we make this work now?
Even if they did succeed, the ask is for $25m wells that fail 1/5 to produce relatively marginal gains. Porosity and permeability changes in the fractures with this technique is one thing, but it won't create vast free-flowing resource needed to generate the BCF needed to justify these types of wells unless there's highly varied strata.

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hey ol mate....here's the details for that "BS artist" you're referring to.....great flagging there fella!

EXR Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 11.5¢		Change 0.010(9.52%)		Mkt cap ! $130.4M

Open	High	Low	Value	Volume
10.5¢	11.8¢	10.5¢	$160.4K	1.456M

Buyers (Bids)

No.	Vol.	Price($)
2	50000	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	16575	1

View Market Depth

No.	Vol.	Price($)
2	50000	0.110
15	643228	0.105
32	1577836	0.100
2	510000	0.099
2	40600	0.098

Price($)	Vol.	No.
0.115	16575	1
0.120	507324	13
0.125	286800	5
0.130	177455	5
0.135	102695	4

Last trade - 16.10pm 29/05/2024 (20 minute delay)


Last 11.5¢			Change 0.010 ( 9.52 %)
Open	High		Low	Volume
10.8¢	12.0¢		10.5¢	1375736
Last updated 15.58pm 29/05/2024 ?

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