EXR 3.64% 5.7¢ elixir energy limited

Trumps loss is Elixir’s gain, page-86

  1. 2,820 Posts.
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    This is also brilliantly said -

    ”This recovery in risk has a remarkable ability to pull ever higher. The US has now faced a week of protests and rioting, and yet Wall Street continues to rally. Whilst the riots could still be an issue (if they continue for much longer), right now it seems to be secondary as an issue. Investors and traders of risk assets are focused far more on the massive monetary and fiscal support, re-openings from lockdown and potential economic recovery. Reports that China was potentially breaching its Phase One trade agreement obligations seem to have been wide of the mark (at least they have been officially denied) and so the risk rally has been released once more. This has been driven further overnight with the China Caixin services PMI which have climbed to 55.0 and shows an expansion level of almost decade highs”.

    https://www.fxstreet.com/analysis/risk-recovery-back-on-track-with-chinese-pmi-expansion-being-the-latest-boost-video-202006031303

    A couple of Elixir shareholders looking down at the company’s production sharing contract (PSC) it controls with the Mongolian government -

    https://hotcopper.com.au/data/attachments/2202/2202598-bdabadda1f3b0086257ce141fb5f9551.jpg





    Last edited by lawrence1967: 04/06/20
 
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