EXR 0.00% 14.0¢ elixir energy limited

Ford, I'm sure, A 90 metre thick bubbling gas seam from Yangir...

  1. 250 Posts.
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    Ford,

    I'm sure, A 90 metre thick bubbling gas seam from Yangir may rocket the SP way past 50c, they have been drilling for over a month now and no update.
    We can speculate on, either they have had the drill bit stuck in the hole for 4 weeks and got no where or maybe all our dreams have come true and the Yangir Basin is very deep with gas bubbling out of the very thick coal seams.

    If they had problems you think that would of been released to market as Management are very conservative and they have a very busy drilling and works program ahead , so need to keep it moving, so no news on any hold ups, looks good to me.

    What do you think?

    Cheers BK14
 
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