EXR - Elixir Energy
- Thread starter Bonk
- Start date
Hehe, glad I did it’s up today. Does anyone know why it opened higher today?
New fundraising offer has dragged price back 20%. However benefits of fundraising will be massive.
Will double exploration this year, including additional pilot wells, and expand quicker into new areas.
Have new agreement to process gas on site with modular gas processing plants and are now including hydrogen in their search.
Aim is to prove up the gas in the lease then on-sell to a major within a probable 5 year window.
Exciting times ahead.
Will double exploration this year, including additional pilot wells, and expand quicker into new areas.
Have new agreement to process gas on site with modular gas processing plants and are now including hydrogen in their search.
Aim is to prove up the gas in the lease then on-sell to a major within a probable 5 year window.
Exciting times ahead.
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It appears the down trend in the price of EXR has stopped and may be ready to reverse. Today's HVBB popped into my scan results today.
Unfortunately it's in Mongolia and deals with gas. Not for me, even though the chart look promising.
Unfortunately it's in Mongolia and deals with gas. Not for me, even though the chart look promising.
2 Pilot wells due in 2022 that will push the share price up with continued ongoing drilling in their massive block in Mongolia.
Have $30 million to spend and during the last year have, as well as drilling for gas, incorporated assessment on the block for wind farming, solar production and hydrogen. All next door to China.
Have $30 million to spend and during the last year have, as well as drilling for gas, incorporated assessment on the block for wind farming, solar production and hydrogen. All next door to China.
First of two Pilot well is due to start in Mongolia this week.
A surprise announced this week was the purchase of a gas exploration block in Qld. First well to be drilled next year and can be connected to existing pipeline only a short distance away. Is surrounded by Santos blocks. Could be online and producing early revenue to support developments in Mongolia pending sale of Mongolia in about 3-5 years time after more gas basins are drilled and tested.
Hydrogen development agreement with a major Japanese company also looks promising.
Share price should re-rate over the next few months.
DYOR
A surprise announced this week was the purchase of a gas exploration block in Qld. First well to be drilled next year and can be connected to existing pipeline only a short distance away. Is surrounded by Santos blocks. Could be online and producing early revenue to support developments in Mongolia pending sale of Mongolia in about 3-5 years time after more gas basins are drilled and tested.
Hydrogen development agreement with a major Japanese company also looks promising.
Share price should re-rate over the next few months.
DYOR
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Elixir Energy (ASX:EXR) reaches milestone production rate at Nomgon, Mongolia
Elixir Energy (ASX:EXR) reaches milestone production rate at Nomgon, Mongolia
Elixir Energy's (ASX:EXR) pilot production project in Mongolia has reached a flow rate of 100,000 cubic feet of gas per day.
Meanwhile, the Mongolian petroleum regulator has approved Elixir’s budget and work program for this year, which includes the drilling of a minimum of nine wells — four of which will be appraisal wells and the other five exploration wells.
Live charts: https://uk.advfn.com/p.php?pid=staticchart&s=ASX^EXR&p=0&t=1
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Elixir Energy announces unexpected gas-bearing zone discovery
Elixir Energy (ASX:EXR) has announced the unexpected discovery of a naturally permeable gas-bearing zone within its Daydream-2 appraisal well in its Grandis gas project in QLD.
- Elixir Energy (ASX:EXR) unexpectedly discovers a naturally permeable gas-bearing zone within its Daydream-2 appraisal well in its Grandis gas project in QLD
- The Daydream-2 well has reached a TD of 4300 metres
- This deeper TD provides operational flexibility for the next phases of Elixir’s appraisal plans
- Drilled ahead of schedule and under budget, showcasing operational efficiency.
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Vulcan Energy announces ESIA completion for phase one of its Zero Carbon Lithium project
Vulcan Energy (ASX:VUL) has announced the completion of its ESIA for phase one of its Zero Carbon Lithium project, conducted by ERM.
- Vulcan Energy (ASX:VUL) announces the completion of its ESIA for phase one of its Zero Carbon Lithium project, conducted by ERM
- The ESIA is a prerequisite to the raising of sustainable or “green” debt financing and provides external validation of the project’s commitment to sustainability
- Among the numerous positive impacts highlighted by the ESIA are the provision of renewable heating for local communities and the creation of new jobs in the renewable industry
- The project also received recognition for its carbon-neutral lithium production
Dona Ferentes
A little bit OC⚡DC
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In trading halt for more capital. Now 10c; and likely seen its best this month.
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