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11.0¢ elixir energy limited

with the major tax credit finance from Government - then the...

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bobhh

56 Posts.

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29/04/24

11:05

Post #: 73554864
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Originally posted by BasVermeulen: ↑

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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with the major tax credit finance from Government - then the research aspects of stimulation need to be completed

EXR Price at posting: 14.5¢ Sentiment: Hold Disclosure: Held
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Last 11.0¢		Change -0.005(4.35%)		Mkt cap ! $124.7M

Open	High	Low	Value	Volume
11.5¢	12.0¢	11.0¢	$12.41K	108.0K

Buyers (Bids)

No.	Vol.	Price($)
8	624062	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	279551	5

View Market Depth

No.	Vol.	Price($)
8	624062	0.110
13	596699	0.105
28	1235759	0.100
4	580000	0.099
3	90600	0.098

Price($)	Vol.	No.
0.115	279551	5
0.120	397087	11
0.125	286800	5
0.130	187202	6
0.135	127695	5

Last trade - 10.45am 30/05/2024 (20 minute delay)


Last 11.0¢			Change -0.005 ( 0.27 %)
Open	High		Low	Volume
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