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11.5¢ elixir energy limited

100%....... "Design and timing"..... are more than smoke IMO.......

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trader_10

16,779 Posts.

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29/04/24

13:20

Post #: 73558607
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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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100%....... "Design and timing"..... are more than smoke IMO.... since the first TH......smells.....

I'm happy to have my free carriers and pick them up after they close the gap...if not at lower levels....

Interesting times ahead..

GLTA

T10

EXR Price at posting: 14.5¢ Sentiment: Hold Disclosure: Held
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Last 11.5¢		Change 0.000(0.00%)		Mkt cap ! $130.4M

Open	High	Low	Value	Volume
11.5¢	11.5¢	11.0¢	$2.894K	25.24K

Buyers (Bids)

No.	Vol.	Price($)
10	562708	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	802076	12

View Market Depth

No.	Vol.	Price($)
10	562708	0.110
15	447061	0.105
28	1001688	0.100
2	150000	0.099
2	60000	0.098

Price($)	Vol.	No.
0.115	802076	12
0.120	553177	12
0.125	323890	7
0.130	167455	6
0.135	57695	2

Last trade - 11.02am 04/06/2024 (20 minute delay)


Last 11.0¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
11.5¢	11.5¢		11.0¢	155909
Last updated 11.15am 04/06/2024 ?

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