exr.jpg

Elixir Energy

(ASX:EXR)


 

  Our Initial Entry
Price

Portfolio Initiation

5 Day VWAP
After Initiation

Current Price

Our Current Returns

ASX:EXR
$0.039
$0.042
Jul 11 2019
$0.052
$0.330
    746%

ASX:EXR
Our Current Returns
746%


Elixir Energy Company Overview

📋 About: Elixir Energy (ASX:EXR) is exploring for natural gas on the Mongolian-China border to replace burning of coal for energy in China.

🌏 Macro Theme: China’s 5 year plan to reduce carbon emissions requires a heavy reduction in burning coal for energy and aims to reduce reliance on foreign powers for energy supply.

EXR Corporate Milestones

Portfolio Initiation & Energy Pick of the Year 2019
$1.75M Capital Raise @2c per share
MT Group non-Binding MOU for small scale LNG project
🌎 Increase in China's Gas Demand
✅ MOU with Ministry of Energy
✅ $10M Capital Raise @36c (Institutional Investors)
✅ $16.6M Capital Raise @36c (SPP)

🔲 Unexpected Announcement 1
🔲 Unexpected Announcement 2
🔲 Unexpected Announcement 3

Natural Gas Project

Project Milestones

Environmental Impact Assessment Approved
✅ 200km of Seismic Operations (2019)
✅ 4 Wells Drilled in 2019
✅ 7 Wells Drilled in 2020
🔄 13 Wells Drilled in 2021
🔄 200km of Seismic Operations (2021)
Prospective Resource Increased
🔲 Production testing well drilled at Nomgon
🔲 Production testing well drilled at Yangir
🔲 Update on Nomgon power station project
🔲 Other wells yet to be named based on seismic and analysis from other wells

2019 Drilling Results

🟨 Appraisal well 1 intersects coal (BO-CH-1)
🟨 Appraisal well 2 intersects coal (BO-CH-2)
🟥 Appraisal Core-hole 1 intersects coal, limited gas recovered (Ugtaal-1)

2020 Drilling Results

🟩 Appraisal Core-hole 2 returns gas (Nomgon-1)
🟩 Lab Results: Fully Saturated Gas Nomgon-1
🟩 Appraisal Core-hole 3 intersects coal (Nomgon-2)
🟩 Core testing from Nomgon-2 returns gas
🟨 Appraisal well 3 intersects coal (Nomgon 3S)
🟨 Appraisal well 4 intersects coal (Nomgon 4S)
🟩 Appraisal well 5 intersects coal (Nomgon 5S)
🟩 Exploration well 1 intersects coal (Hutul 1S)
🟩 Lab Results: Fully Saturated Gas Nomgon 2
🟩 Exploration well 2 intersects coal (Yangir 1S)

2021 Drilling Results

🟩 Appraisal Core-hole 4 returns "sales gas" (Yangir-2)
🟥 Exploration well 3 does not intersect coal (Temee-1S)
🟥 Exploration well 4 does not intersect coal (Cracker 1-S)
🟥 Exploration well 5 mechanical failure (Manlai-1S)
🟩 Exploration well 6 intersects Coal (Richcairn-1S)
🟨 Core-hole 5 Drilled & Intersects Coal (West Yangir-1)
🟩 Core-hole 6 Drilled & Intersects Coal (Nomgon Central-1)
🔲 Lab Results Core-hole 5
🔲 Lab Results Core-hole 6
🟨 Appraisal well 6 intersects coal (Kingston-1S)
🟨 Appraisal well 7 intersects coal (Kingston-2S)
🟨 Appraisal well 8 intersects coal (Kingston-3S)
🔄 Appraisal well 9 (Nomgon 6)
🔲 New Well 12
🔲 New Well 13

Green Hydrogen Project

✅ Green Hydrogen Project Announced
✅ SODAR Machine Mobilised
🔲 Update on initial SODAR results
🔲 New Milestones Added

Next Investors Investment Milestones

Initial Investment: @3.9c
Increase Investment: @2.6c
Increase Investment: @13c
Price increases 500% from initial entry
Price increases 1000% from initial entry
🔲 Price increases 2000% from initial entry
✅ 12 Month Capital Gain Discount
✅ Free Carry
✅ Take Some Profit

🔲 Hold remaining Position for next 2+ years

”Expected Company Milestones” are based on the company's publicly available execution plan and some assumptions made by our team on potential announcements that should de-risk the investment. “Our investment milestones” show our current long-term investment plan. Early stage investments are risky and there is no guarantee that the expected events will occur. The lists are not in sequential order.

Key

🔲 Expected Milestone
✅ Achieved Milestone
🟩 Above Average Result
🟨 Average (Expected) Result
🟧 Below Average Result
🟥 Negative Result
🌎 Macro Event
⚔️ Results from Other Company / Project
🔄 In Progress
[UPA] Unexpected Positive Announcement
[NEW] New Milestone Added

Why we have invested...

Giant prospective resource next door to China

Massive 30,000km2 PSC with very large prospective resource. EXR has enlarged its prospective resource from 7.6 tcf of gas (risked “best” (mid) case) to a (best case) of 14.6 Tcf, a 92% increase from the 2018 estimate

Multiple market channels

Cash-flow generation can be early & modular. EXR has partnered with one of Mongolia’s largest fuel retailers to develop a Small Scale LMG (SSLNG) plant. The Asian Super grid and Power of Siberia II pipeline also present opportunities

Deep CSG expertise from Australia being transmitted to Mongolia

The EXR Team has a history of success in CBM in Richard Cottee (the “godfather” of QLD CSG) plus ex-Santos Neil Young and Stephen Kelemen. Delivered Mongolia’s first CSG discovery at Nomgon-1 well & Nomgon-2 exceeded expectations

Current exploration program

Upcoming fully funded exploration is aimed to open up new sub-basins in a number of locations across the gigantic PSC area. A contingent resource booking for Nomgon sub-basin targeted for year end.

100% ownership of PSC

100% ownership position maximises optionality to pursue value adding farmout(s).



Our Past Commentary on Elixir Energy


Type Date New Title
Email 16-Oct-2021 $ 0.325 What Happened This Week? Oct-16th-2021
Email 14-Oct-2021 $ EXR Signs Hydrogen MoU with Mongolian Ministry of Energy while Three Drill Rigs Continue Gas Search
Email 02-Oct-2021 $ 0.255 What Happened This Week? Oct-2nd-2021
Email 18-Sep-2021 $ 0.255 What Happened This Week? Sep-18th-2021
Email 28-Aug-2021 $ 0.225 What Happened This Week? Aug-28th-2021
Email 07-Aug-2021 $ 0.240 What Happened This Week? Aug-7th-2021
Article 24-Jul-2021 $ 0.210 What Happened This Week? July-24th-2021
Email 26-Jun-2021 $ 0.260 What Happened This Week? June-26th-2021
Email 05-Jun-2021 $ 0.335 What Happened This Week? June-5th-2021
Email 04-Jun-2021 $ 0.290 EXR Emerging from Post Placement Price Pressure
Email 07-May-2021 $ 0.390 EXR Just Started Drilling Cracker-1S Well - Results Coming in Weeks
Email 30-Apr-2021 $ 0.355 EXR Accelerates 2021 Drilling with $10M and Announces Hydrogen Plans
Email 27-Apr-2021 $ 0.395 Our Portfolio Performance from January 1st to March 31st 2021
Email 14-Apr-2021 $ 0.440 EXR’s 2021 Mongolia Drilling Program is Well Underway
Email 26-Feb-2021 $ 0.220 Why is The EXR Share Price is Running?
Email 18-Feb-2021 $ 0.180 We Just Invested More in this Stock ... ... plus what's happening with VUL and EXR?
Article 07-Jan-2021 $ 0.165 Our Stock Picks for 2021
Article 09-Dec-2020 $ 0.105 EXR Doubles its Gas Resource on China's Doorstep
Email 05-Dec-2020 $ 0.100 This Week’s News Makers are Riding High
Email 23-Nov-2020 $ 0.130 Big Gets Bigger - New Sub-Basin Discovered
Article 23-Oct-2020 $ 0.110 Could EXR Unlock a New Sub Basin at its Mongolian Gas Project?
Article 20-Aug-2020 $ 0.115 EXR’s Nomgon-2 Gas Well Exceeds Expectations
Article 29-Jul-2020 $ 0.093 EXR Strikes Exceptionally Thick Coal Seam: Gas Content Results Imminent
Article 10-Jul-2020 $ 0.044 Elixir Spuds CSG Well - A Follow up on Mongolia’s First Gas Discovery
Article 26-Jun-2020 $ 0.036 EXR Now Days Away from Multi-Well Gas Drilling Campaign in Mongolia
Article 26-May-2020 $ 0.024 We Have Doubled our Holding in EXR – Mongolian Gas Exploration to Accelerate
Article 26-Feb-2020 $ 0.041 Mongolia’s First Gas Discovery, The First of Many for Elixir Energy?
Article 05-Feb-2020 $ 0.031 Gas Bubbles Highlight Excellent Results from EXR’s Second Core-Hole
Article 11-Oct-2019 $ 0.048 Our Top Pick of 2019: Elixir Energy (ASX: EXR) Drilling This Weekend
Article 11-Jul-2019 $ 0.042 Introducing Our Top ASX Energy Pick of 2019



Elixir Energy Market Data


Latest Article from Elixir Energy

What Happened This Week? Oct-16th-2021

An explainer of how green hydrogen works or which critical metals are required to create an electric vehicle battery are usually buried deep in the special interest section of a newspaper, not on the six-o’clock news. This means that green hydrogen is starting to become part of the public interest, a huge boon for the sector.

Articles Related to Elixir Energy

EXR Signs Hydrogen MoU with Mongolian Ministry of Energy while Three Drill Rigs Continue Gas Search

EXR Signs Hydrogen MoU with Mongolian Ministry of Energy while Three Drill Rigs Continue Gas Search

What Happened This Week? Oct-2nd-2021

What Happened This Week? Oct-2nd-2021

What Happened This Week? Sep-18th-2021

What Happened This Week? Sep-18th-2021

What Happened This Week? Aug-28th-2021

What Happened This Week? Aug-28th-2021

What Happened This Week? Aug-7th-2021

What Happened This Week? Aug-7th-2021

What Happened This Week? July-24th-2021

What Happened This Week? July-24th-2021

What Happened This Week? June-26th-2021

What Happened This Week? June-26th-2021

What Happened This Week? June-5th-2021

What Happened This Week? June-5th-2021

EXR Emerging from Post Placement Price Pressure

EXR Emerging from Post Placement Price Pressure

EXR Just Started Drilling Cracker-1S Well - Results Coming in Weeks

EXR Just Started Drilling Cracker-1S Well - Results Coming in Weeks

EXR Accelerates 2021 Drilling with $10M and Announces Hydrogen Plans

EXR Accelerates 2021 Drilling with $10M and Announces Hydrogen Plans

Our Portfolio Performance from January 1st to March 31st 2021

Our Portfolio Performance from January 1st to March 31st 2021

EXR’s 2021 Mongolia Drilling Program is Well Underway

EXR’s 2021 Mongolia Drilling Program is Well Underway

Why is The EXR Share Price is Running?

Why is The EXR Share Price is Running?

We Just Invested More in this Stock ... ... plus what's happening with VUL and EXR?

We Just Invested More in this Stock ... ... plus what's happening with VUL and EXR?

Our Stock Picks for 2021

Our Stock Picks for 2021

EXR Doubles its Gas Resource on China's Doorstep

EXR Doubles its Gas Resource on China's Doorstep

This Week’s News Makers are Riding High

This Week’s News Makers are Riding High

Big Gets Bigger - New Sub-Basin Discovered

Big Gets Bigger - New Sub-Basin Discovered

Could EXR Unlock a New Sub Basin at its Mongolian Gas Project?

Could EXR Unlock a New Sub Basin at its Mongolian Gas Project?

EXR’s Nomgon-2 Gas Well Exceeds Expectations

EXR’s Nomgon-2 Gas Well Exceeds Expectations

EXR Strikes Exceptionally Thick Coal Seam: Gas Content Results Imminent

EXR Strikes Exceptionally Thick Coal Seam: Gas Content Results Imminent

Elixir Spuds CSG Well - A Follow up on Mongolia’s First Gas Discovery

Elixir Spuds CSG Well - A Follow up on Mongolia’s First Gas Discovery

EXR Now Days Away from Multi-Well Gas Drilling Campaign in Mongolia

EXR Now Days Away from Multi-Well Gas Drilling Campaign in Mongolia

We Have Doubled our Holding in EXR – Mongolian Gas Exploration to Accelerate

We Have Doubled our Holding in EXR – Mongolian Gas Exploration to Accelerate

Mongolia’s First Gas Discovery, The First of Many for Elixir Energy?

Mongolia’s First Gas Discovery, The First of Many for Elixir Energy?

Gas Bubbles Highlight Excellent Results from EXR’s Second Core-Hole

Gas Bubbles Highlight Excellent Results from EXR’s Second Core-Hole

Our Top Pick of 2019: Elixir Energy (ASX: EXR) Drilling This Weekend

Our Top Pick of 2019: Elixir Energy (ASX: EXR) Drilling This Weekend

Introducing Our Top ASX Energy Pick of 2019

Introducing Our Top ASX Energy Pick of 2019

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