EXR 2.04% 9.6¢ elixir energy limited

EXR Trading 2022, page-2296

  1. 2,653 Posts.
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    I was very happy with the previous CR because the market was really getting excited and there was a long way to go before substantial gas reserves would be tested or booked. Dilution was favourable and I participated just to be able to say I was in it with the company and then later I purchased on market to negate the high average I had got from that. My average is still below 5C.

    They haven't mentioned much about the gas engine power plant for a while but if Nomgon flows commercial gas rates, do you believe it's a simple 6 month job then to install that plant? I know project wise it's very simple.

    Probably biggest part of it is the network connection and then the costs to drill a dozen wells and their gathering infrastructure to get going. Unsure about the permitting from Gov, along with the actual capex costs. They won't be reinventing the wheel though.

    Add on: I see what you mean with a smaller certified resource size for transaction pricing and being able to get a sale amongst the world goings ons. A sale at 6000PJ would be sizeable and a great result for SH's. One in the hand...worth two in the bush.

    Last edited by piwi33: 07/11/22
 
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