EXR 6.67% 9.8¢ elixir energy limited

Grandis in my not too well informed hydrocarbon knowledge has...

  1. 104 Posts.
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    Grandis in my not too well informed hydrocarbon knowledge has been derisked to a good extent in that the gas has been shown to be there and probably in good amounts . The amounts found could even get bigger and who knows the agreed final depth might be extended if the evidence for so doing presents itself credibly. The results brought out by Neil and the others is not one that should lead to a share price fall the like of which we are currently looking at.

    The SP fall is only a blip and once NY and team conclude their drilling and announce the final results, watch out for the big companies trying to buy out the surrounding acreage as mentioned by one of the contributors on here. Folks this ain't a time to sell your shares but one in which you need to increase it.
 
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