EXR 6.98% 10.0¢ elixir energy limited

Elixir Model Rev.113 25/10/2022 Nomgon Pilot Drilled, page-34

  1. 2,270 Posts.
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    I know what to eventually "expect" and that it will be more than previous....however....it is absoluteley NOT "safe to assume" or currenty "expect" both wells to have passed 200000 individually on anything the company has said so far. They have always referenced both together as a milestone combined and they have been very consistent in grouping them together as combined flows in their wording.

    They will most likely get there...but based on what has been said it is not correct to assume nor has the company said they both have nor have they tried to imply that they both have. Its currebtly a total misunderstanding of the stated facts vs what you think will happen at this stage.

    If they announce that both individually reach 200000 in the future that does not mean the misunderstandings being made now were correct.
    So the "we will find out" is not even a test of accuracy of current understanding of the statements unless there is an exact date of the exceedance of 200000 for each well attached.

    Will be interesting what you guys say when in a week they announce a single well only just passed 200000 in an announcement AFTER the interview which was AFTER the announcement.

 
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