EEL 0.00% 0.2¢ enrg elements ltd

Ann: Korong Central drilling intersects shallow footwall, page-26

  1. 1,739 Posts.
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    Be good if they do have some news soon.

    I topped up today after reading about the broker options in the last 3B.
    SP will need to rise 160% from here at some stage just to be in the money for them before Nov 2019.
    That or more (over 250%) if 5c VWAP clause forces their hand earlier, the way I read it.

    "30,000,000 Unlisted Options exercisable at $0.0363 each and expiring 19 November 2019, or 21 days from the date the Company’s 20 day VWAP share price is $0.05 or higher (Broker Options)."
 
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