EXR 4.35% 12.0¢ elixir energy limited

I just wish more context was provided behind the scenes leading...

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    I just wish more context was provided behind the scenes leading up to the CR. I believe NY mentioned there was plenty of non-equity sources of funding available for Grandis. Regardless, the CR is here and we will, whether we like it or not, hover around the 6s and 7s until we start to get results for both Nomgon 10 and Grandis.

    With funding secured, we should now guaranteed timelines for Nomgon/ Grandis. I expect the SP to appreciate when we get closer to early next year when we should have an idea of Nomgon/ Grandis. It will either skyrocket if we're deemed to be commercial and would make all our worries regarding CR, management, etc dissapear or we will fall to 2~3 cents. So I am going to hold, potentially pick up some more in the mid 6c (I have some orders ready) and wait. If you've been holding for a while, there really isn't anything this CR changes except confirming our timeline. Cheers
 
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