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Elixir Energy Limited ( (AU:EXR) ) just unveiled an update.
Elixir Energy Limited has concluded the operations of its Daydream-2 appraisal well and is moving forward with the Grandis Project by analyzing data, planning new appraisals, and exploring offtake options. The company anticipates a favorable macro environment for its Grandis Gas Project due to the rising gas prices on the East Coast and the expected initiation of international gas imports in 2026. Elixir is also engaged in farmout negotiations for its projects in Australia and Mongolia, aiming to address potential supply challenges in the gas market.
More about Elixir Energy Limited
Elixir Energy Limited operates in the energy sector with a focus on gas exploration and development. The company is particularly involved in projects in Australia and Mongolia, working on assets such as the Taroom Trough and Diona. Elixir’s primary aim is to develop and expand its gas resources to meet both domestic and international demands.
YTD Price Performance: 0.0%
Average Trading Volume: 100
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $35.09M
Learn more about EXR stock on TipRanks’ Stock Analysis page.
