From the quarterly we are due an updat
- Mongolian government approval process progressing in accordance with previous guidance with timing expectation of Q1 2018 for final execution of the PSC currently on track
Was due Feb 18
- Moselle Permit renewed by French authorities on 23 December 2017 to 20 January 2019 following the passing of new laws on future hydrocarbon exploration and production activities in France
- Elixir in the process of lodging an application for a three year exceptional extension for the Moselle Permit due to extended renewal process
Any progress?
- Cash resources of approximately $2.8 million which is sufficient to fund the proposed 2018 exploration programme
Drilling to start?
2 in 2018
2 in 2019
CR due ? They will be keen to stimulate with some positive news.
Seems tightly held.
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- Thoughts at the moment guys???
Thoughts at the moment guys???, page-7
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