Elixir Energy (EXR) - Technical Analysis & Due Diligence

Elixir Energy Limited is an ASX listed gas exploration and development company. It is currently solely focused on an exploration and appraisal program in Mongolia targeting natural gas in the form of coal-bed methane (CBM – known as coal seam gas -CSG -in Australia).

EXR holds 100% of a CBM production sharing contract (PSC), located just to the North of the Mongolian/Chinese border. The Nomgon Project licence area covers ~30,000 km2 (~7 million acres).

The Company’s strong foundation of multiple level Government and other energy stakeholder relationships is now being used as a platform to grow cleaner energy options involving renewables.