EXR 9.09% 12.0¢ elixir energy limited

Remember TT is geologically smashed and coal is all over the...

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    Remember TT is geologically smashed and coal is all over the place and likely that is replicated in any lower coal so its going to be difficult without a lot of exploration to define the reservoir- this may be similar for EXR on some coal areas also. Also their BN area they talk about ifs its the area below/around MMCs current openpit its even worse, very steep coal seams.

    I don't think this issue of steeply dipping coal seams has not raised on the EXR threads (would like to be corrected on this) but hopefully the Company is adjusting its numbers for the presentation to be true coal thickness rather than intersected.

    Little potential due to size and having to work with through the Govt is benefit at this stage. Concern would be they become a soiler for EXR if EXR continue to be successful and they don't.
 
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