I've moved my questions from the other thread to here, in the hope that it gets the attention of people who know more about this than me.
In Elixir's ann from yesterday they mentioned that the gas observed was c3-c4. So this is the propane and brupane area, as opposed to methane (c1).
Given that propane and brupane has a much higher energy value (maybe 3 times as much) the price is much higher.
Does this mean that the potential resource could be 3x in energy value higher than originally thought, and therefore offer even higher potential margins?
I'm no expert, so any help would be much appreciated.
Gas worth 3x. ?
Add EXR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $118.9M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.0¢ | $328.6K | 3.078M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 1527409 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 94111 | 2 |
View Market Depth
| Last trade - 16.10pm 16/04/2024 (20 minute delay) ? |
|
|||||
|
Last
10.5¢ |
Change
0.000 ( 4.37 %) |
||||
| Open | High | Low | Volume | ||
| 11.0¢ | 11.5¢ | 10.0¢ | 2563845 | ||
| Last updated 15.59pm 16/04/2024 ? | |||||
| EXR (ASX) Chart |