EXR (ASX) Elixir's progress to a commercial development

Originally posted by BasVermeulen: ↑

Summary of the video below:

Pilot overview
Elixir Energy is an Australian company that is focused on both traditional natural gas exploration and coal seam gas (CBM) exploration.
The company has a pilot CBM project in Mongolia, which has been producing gas since late 2022.
The company is working to increase the flow rate by drilling additional wells and optimizing the production process.
The company is also planning to expand the pilot project to a larger area.
The company is confident that the Mongolian CBM project has the potential to be a significant source of gas for the country.
The pilot plant has been successful in dewatering the coal and flowing gas.
The cost structure in Mongolia is much lower than in Australia, which means that a lower flow rate is required to be commercially viable.
Economics of the Pilot
The water make from the pilot plant is not excessive, which is a positive factor from an economic point of view.
The company believes that the market is underestimating the potential of the project due to unrealistic expectations of Australian-style results.
The company is confident that the project will be commercially successful due to the lower cost structure and higher pricing in Mongolia.
EXR cash position
The company has a strong cash position and is well-funded to continue development of the project.
The company believes that the long-term outlook for fossil fuels is positive due to strong supply and demand fundamentals.
The company is committed to developing clean energy solutions and is exploring the potential for carbon capture and storage at the project site.

GRANDIS – funding & prospects
The company has received funding from the Australian government to support its Daydream 2 well project.
The Daydream 2 well is a deep well that is targeting a large amount of known gas in place.
The company is also looking for a strategic partner to help with marketing and distribution.
The company is confident that the Daydream 2 well will be successful and that it will lead to commercial production.
The company has a strong cash position and is well-funded to continue development of the project.
The company believes that the long-term outlook for fossil fuels is positive due to strong supply and demand fundamentals.
The company is committed to developing clean energy solutions and is exploring the potential for carbon capture and storage at the project site.
The company is confident that it can produce gas at a competitive price and that it can compete with other sources of energy.
The company is excited about the potential of the Daydream 2 well and believes that it can be a major contributor to the company's future success.

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I wish I had your evident knowledge about CSG BasVermeulen. I remain in the top twenty shareholders and that is where I will be until the pilot flares in Mongolia start spewing mud !!! That's when I give up. I really appreciate you great analogy - please keep it up with all honesty and no ramping. I believe in the project 100% and we all love to hear good news. Perception is a terrible thing and everyone tends to think the worst when there is no news, or find negatives even in the good news !!!

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(20min delay)
Last 9.3¢		Change 0.002(2.20%)		Mkt cap ! $106.5M

Open	High	Low	Value	Volume
9.0¢	9.4¢	9.0¢	$33.29K	359.1K

Elixir's progress to a commercial development, page-70

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