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2.27%

10.8¢ elixir energy limited

You could be 100% correct, in which case I have no doubt you'll...

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Wonkers

2,197 Posts.

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29/04/24

11:30

Post #: 73555563
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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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You could be 100% correct, in which case I have no doubt you'll be back here to gloat and prance about, glowing in our demise.

But you might well be wrong...and I'd bet you won't have the decency to come back here to admit you were, and that perhaps the engineer might not be a BS artist.

Let's see eh?....easy to run yah mouth in the absence of fact.

EXR Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 10.8¢		Change -0.003(2.27%)		Mkt cap ! $121.9M

Open	High	Low	Value	Volume
10.5¢	11.0¢	10.5¢	$10.27K	97.11K

Buyers (Bids)

No.	Vol.	Price($)
17	440527	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	95076	5

View Market Depth

No.	Vol.	Price($)
17	440527	0.105
28	1040088	0.100
2	110000	0.099
1	10000	0.098
1	30935	0.097

Price($)	Vol.	No.
0.110	96248	6
0.115	567960	10
0.120	497622	11
0.125	363390	8
0.130	158332	6

Last trade - 12.04pm 05/06/2024 (20 minute delay)


Last 10.5¢			Change -0.003 ( 4.55 %)
Open	High		Low	Volume
11.0¢	11.0¢		10.5¢	40701
Last updated 15.40pm 05/06/2024 ?

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