Elixir Energy MD Updates JustStocks Video On Flow Rates And Partnering Discussions For Grandis Gas Project

Elixir Energy Ltd (ASX: EXR, OTC: ELXPF) MD Neil Young talks JustStocks Video through an operations update for the company’s 100% owned Grandis and Nomgon Projects in Queensland, Australia, and Mongolia. Young says a coiled tubing unit has recently been mobilised and is currently cleaning out the Daydream-2 cased wellbores at the Grandis Project in Queensland. Young sees an enormous opportunity with the company’s market capitalisation of less than $100 million now with significant upside at the Grandis project with economic extraction of the gas.

 

Articles of Interest