EXR 0.00% 5.3¢ elixir energy limited

Morning allWith the middle of the year fast approaching I am...

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    Morning all

    With the middle of the year fast approaching I am beginning to wonder what outcomes and SP reactions we might see from the testing.

    To the experts here what are your thoughts on the following.

    What are the confidence levels that the tests will be positive. I note from the October 2021 announcement that gas and water flowed successfully to the surface. Does this guarantee or at least provide great confidence that the pilot production well will be a success ??

    If it is a success what do we expect the SP to do ??

    Also I know we have lots of exploration to come, but this far no well has been as good as the Nomgon wells. So have we found enough potential resource to be commercial or do we need more ??

    The SP is hurting us all, particularly if you shelled out in the CR last year so I know we are all hoping for a turn around this year. It’s been a very slow 2022 so far so hopefully the middle of the year will be a turnaround.

    Thanks in advance for any comments and insight.

    Have a good week and good luck.
    cheers
 
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