EXR 6.98% 10.0¢ elixir energy limited

not the Christmas present I was hoping for.Had just brought a...

  1. 823 Posts.
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    not the Christmas present I was hoping for.
    Had just brought a big parcel at 10.5 cents so this definitely stings. Strange that they are doing it so quickly, further drill results could have seen sp go up a bit more so they are seemingly in a big rush for whatever reason.

    Possibly doing a second vertical well immediately to confirm conventional gas? Will this delay r&d of main zone? do we need any approvals to drill a second well or can we get into it immediately?
    Is the dilution worth it?
    Many questions
 
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