Elixir Energy Limited  ASX:EXR

Company

First Coverage

Current Price

Current Return

Highest Return

Logo
Elixir Energy Limited ASX:EXR

$ 0.036

05-Jun-20

$ 0.400

1,011%

983%

Report Date Price Current Return
Mongolia’s First Gas Discovery 05-Jun-20 $0.036 1,011%
How Our Investments Performed in Q1 of 2021 21-Apr-21 $0.405 -1%

Overview

📋  About: Elixir Energy is exploring for coal bed methane (CBM), also known as coal seam gas CSG, across its 100%-owned 30,000km2 (7M acre) CBM Production Sharing Contract (PSC) on the Mongolia-China border. 

🌏  Macro Theme: China’s new 5 year plan demands reduction of burning dirty coal for energy and aims to reduce reliance on foreign powers for energy supply.

Why We Invested