EXR discussion

[Colorado23]

Hi all

Thanks to Zee for kick starting EXR's exposure on this great platform.

Been following this stock for a while due to a few discussions with a fellow BRN holder @Instrotech.

Thought Id have a go at adding content to a great cause as so many have done with BRN to help my learning journey out.

Elixir is an exciting gas exploration company that appears to be setting themselves up nicely and diversifying their operations in a number of free/renewable energy sectors on the doorstep to a huge market in China.

Neil Young | The Top 100 Magazine | Profile

The Top 100 Magazine profile for Neil Young, Managing Director — Elixir Energy.

www.thetop100magazine.com

All the best to all

 

[GrandRhino]

Hey Colorado, thanks for getting things started here!
I've been following EXR for a year or so but it's a bit out of my knowledge to contribute much. Hopefully we can get a few more folks over here too.

 

[Colorado23]

All good Grand Rhino. Sure to be a few more come along for the ride. Good luck on the journey

 

[Instrotech]

Well done Colorado23 totally agree with Grand Rhino's comments getting this page started well done.
Yeah would have to say super excited with EXR they are fully cashed up for the exploration program ahead this year.
2 wells should be drilled this quarter with a total of 22 planned for 2022, 2 production bores looks like starting with Nomgon first up.
Neil Young and Richard Cottee (The Grandfather of Coal Seam Gas in Australia) both ex Santos are top of their class in management skills.

Seismic surveys planned, Hydrogen on the agenda, Wind generation lots of diversification as you have mentioned I think this will be a particularly exciting year and looking forward to lots of news flow coming out of Mongolia.

 

[GrandRhino]

Thanks for the recap Instrotech, very exciting year ahead now that you remind me of it all. I have my brain heavily in BRN land so I forget sometimes what happens over here.

Do you know if we should expect an announcement for each well being drilled? That's going to be a whole lot of announcements this year if so!

 

[Instrotech]

I would expect so, Neil has been great on the updates from what I have observed keeping the share holders and market up to date with any developments an all of the fronts they have going on.
You can be assured that the results on each bore will be published and usually always tells us when each is spudded so you will have a rough timeline when to expect those results.
Without being off topic also super keen on BRN.

 

[Kocco]

Noticed on Sunrise this morning they were promoting the Samsung new phones.
Mentioned it has a chip utilizing AI for camera/picture quality & efficiency.
Too soon you would think for a Brainchip so whose would it be given Brainchip supposed to be years ahead of every one else.

 

[Bruey]

Just dropped in and registered, was glad to see a EXR thread has been started, been holding since 2018 and have participated in both CR’s super excited for the future of Elixir, as mentioned above we have a class team at the helm. EXR will flow test Nomgon this year and I expect a massive rerate in SP.

 

[Bruey]

Thought I would throw this one up, very recent crux interview with EXR’s Greg Channon chief geologist

 

[Instrotech]

Great post @ Bruey I had not heard from Greg Channon before, totally agree with a re-rate once flow testing begins as Neil has said before this is the pay load with flow rates this then becomes measurable of how much gas can be recovered (flow to surface) then a definitive value can be placed on the company.
2 production bores are planned for this quarter to build up their reserves.
Last year was 67% strike rate which was excellent, really looking forward to what the next 2 can bring.

 

[Instrotech]

Correction 2 Production Bores for this year

 

[Bruey]

Same, I have been holding for over 2 years and don’t recall him talking previously, his discussion was open and really grounded, felt relaxed, so confident in what’s in the ground in Mongolia, look forward to hearing from him again.

 

[Colorado23]

Nice effort Bruey. Very impressed with Greg's interview. Modest with a very quiet confidence there. 2022 could be quite a ride.

 

[GrandRhino]

Hey all! How's everyone going?

We had a nice video released a few days ago, hopefully you all saw it!

 

[blu]

Hey all! How's everyone going?

We had a nice video released a few days ago, hopefully you all saw it!

Good simple concept, can't wait to see how the numbers and viability stack. Thanks for posting.

 

[Bruey]

Not a lot of chat here, but I thought todays announcement was great , I couldn’t ask any more from Neil and the team, Damm he’s across so much detail , three projects with so much potential all for a $150m MC. It may sometimes be slow going but we are derisking with every hit , bubbling gas in big slope, geez we will be flaring by end of year, game on

 

[Vladsblood]

Started to go now and I can’t see anything pulling it up. Too much on offer to go backwards from here IMO. Plus we have a great track record with Cottee and Young running things. Nice to see our gas flame so quick. Vlad

 

[GrandRhino]

Started to go now and I can’t see anything pulling it up. Too much on offer to go backwards from here IMO. Plus we have a great track record with Cottee and Young running things. Nice to see our gas flame so quick. Vlad

Thought we should include the photo too

 

[GrandRhino]

 

[Vladsblood]

Thought we should include the photo too
View attachment 22370

Looks beautiful $$$$$. Plus our Queensland lease is very well positioned with the Big Boys Shell and Santos…..Cottee’s and Young’s home turf. Great positioning from our Company. Vlad