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11.0¢ elixir energy limited

Elixir's progress to a commercial development, page-2

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onceakiwi

811 Posts.

103

28/05/23

08:38

Post #: 67998980
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Originally posted by onceakiwi: ↑

In essence, there had been a fault between the two pilot wells that limited the flow from the pilot.

As Cottee explained - there needs to be communication between the wells to increase desorption and overall the percentage of the gas recovered.

Based on the placement of the following pilot well Nongom 10 with correct proximity to Nongom 9 pilot and with no fault in the geology between them, we can expect the result of higher flow rates.

Again if there is this communication between Nongom 9 and 10, it will aid the desorption and flow as the process will essentially be pulling gas from two different directions.

NY had also indicated that we could expect the 9 x Nongom wells to be wrapped by the hard Mongolian winter - ie. mid/late Dec.

Let's start fresh and discuss the plans moving forward

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EXR Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
23 Upvote

4 Great analysis

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Last 11.0¢		Change 0.000(0.00%)		Mkt cap ! $124.7M

Open	High	Low	Value	Volume
11.5¢	11.5¢	11.0¢	$99.40K	889.7K

Buyers (Bids)

No.	Vol.	Price($)
29	927173	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	531777	5

View Market Depth

No.	Vol.	Price($)
29	927173	0.110
9	1786904	0.105
35	1747931	0.100
1	6000	0.099
1	81632	0.098

Price($)	Vol.	No.
0.115	531777	5
0.120	311826	6
0.125	41450	3
0.130	139223	3
0.135	55000	3

Last trade - 16.10pm 15/05/2024 (20 minute delay)


Last 11.0¢			Change 0.000 ( 0.00 %)
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