Youtor
Elixir Energy EXR Technical Analysis amp Due Diligence
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=1NM626xnzrg
Sign up for Crux Investor: https://cruxinvestor.com • Merlin Marr-Johnson sat down with the Chief Geologist of Elixir Energy Limited (ASX: ESR), Greg Channon to discuss the technical aspects of the company’s exploration and appraisal Nomgon program in Mongolia. • Our previous interview: • Elixir Energy (EXR) - Green Hydrogen ... • Elixir Energy Limited is an Australian gas exploration and development company, which is focused on its exploration and appraisal Nomgon program in Mongolia which targets natural gas in the form of coal-bed methane. • The Nomgon project of the company is a large coal deposit located on the border between Mongolia and China. The company believes that the project holds the potential to deliver light petroleum gas products which it plans to sell to the world market. The company has had a production sharing contract (PSC) with the Mongolian Government since 2018. The PSC has a minimum exploration period of ten years with a production period of thirty years which may be extended. • Elixir Energy Limited was awarded the Investor of the year award by the Mongolian Minister of Mining and Heavy Industry recently to recognise the company’s efforts in continuing with the Nomgon project’s exploration throughout the Covid pandemic. The company’s 2021 exploration drilling program intercepted coals in 65% of the exploration holes drilled. • The company had a cash reserve of $28.4 million with no debt at the end of 2021. The company spent $1.8 million on exploration activities in Q4 of 2021, which were comprised of primarily drilling, seismic processing and ancillary costs. • The Nomgon project boasts energy-dense coal deposits, which may lead to lower production costs. The Gas saturated coal seams may also lead to a much lower cost of water handling in future pilot and production stages. • Elixir Energy Limited has entered into a memorandum of understanding (MOU) with the Mongolian Green Finance Corporation and plans to continue the exploration of the Nomgon project in 2022. • 00:00 – Company Overview • 00:42 – Unconventional Hydrocarbon • 04:01 – Dissolved Solids, Gas Saturations Stimulation • 07:30 – Primary Factors Coal Mines • 13:21 – Identified Permeability, Intersected Coal Contingent Resource • 22:50 – Rebranding Reasonable Flow • 29:43 – Significant Success 2022 Exploration Program • 32:25 – Technical Effort, Petroleum Exploration Modest Price Points • — • Crux Investor is an investing app for busy people. For a small, monthly membership fee you’ll receive a single stock recommendation each month, curated by industry experts and presented in a clear and focused one-page memo. Head to Crux Investor to learn more and to sign up for your time-saving, stress-slaying membership today. • Learn more: https://cruxinvestor.com
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