On a more positive note it is well worth noting:- .1. EXR have...

On a more positive note it is well worth noting:-

.1. EXR have the largest CBM permit in Mongolia
2. Drilling to date has discovered several very encouraging highly gassed  wells. There are many more opportunities.
3. The first two pilot wells have produced  encouraging volumes of gas to surface.
4. Their Hydrogen project is gaining traction as Toyota look to join EXR in a massive  Green Hydrogen opportunity rated as one of the best in the world.
5. EXR's Grandis project  has been backed by the Queensland Govt who have agreed to pay over 40%  of the cost the forthcoming Grandis well which could unleash over 400 BCF of gas into the starving East Coast Australian market.............
6. Omega Oil., a close neighbor to Grandis,  has had spectacular success in their two latest deep wells.   
7. Omega's two key shareholders are
(a) Chris Flannerty, an investment guru, who has recently purchased over $1m OMA shares on the market and
(b) Tri Star Holdings, who produced the first commercial CSG well in Queensland. Many years ago..

There is a lot to look forward to from Elixir.
It is the Waiting that is the Hardest part
DYOR
Best
tui
ps NB Grandis's gas has been proven in place but its extraction is the key.