EXR 8.33% 13.0¢ elixir energy limited

General chit chat thread., page-3688

  1. 2,306 Posts.
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    No offence mate but you're getting a bit boring now.
    I don't see what you're trying to accomplish?
    We all know it's risky and there are no guarantees.

    We don't know what the flow rate will be- Mustang stated he HOPED it would be 5-10mm- he didn't say EXR had stated it would be.
    Next Investors have a reasonable table as above- again, the point is that 2.5mm should be deemed commercially viable

    Horizontal well cost a fcuk tonne more than our vertical well.
    We don't know how big the reservoir/s are.

    It's ALL to be determined.

    Risks a plenty...BUT we WAIT TO SEE WHAT WILL ACTUALLY OCCUR.



 
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