EXR 1.89% 5.2¢ elixir energy limited

Trading Week, page-34

  1. 1,887 Posts.
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    I'm glad you enjoy the enthusiasm of K1 Capital.pdf and their valuation.

    As you can see if you read the valuation it's based on the resource estimate from 2018 and does not price in Nomgon II results.

    My enthusiast post was in response to @zedcorp and his list of announcements to come, to wit;

    1. Seismic results {early Sept}
    2. Nomgon 3 logging results.
    3. S4 operation update.
    4. S2 DAF results and adsorption numbers.

    I stand by my statement, in my opinion, if successful outcomes are achieved for all these metrics the price estimate from K1 Capital is entirely justified, and if a Contingent Resource is booked prior to the end of the year, then a significant re-rating is inevitable, potentially leading us to $1 and beyond.

    I'm not sure how you think these significant de-risking events, and me talking about these matters of fact, lead to an imminent crash.

    Perhaps you could enlighten all of us how good seismic results, sound logging results from Nomgon III, a positive update on the strat holes, sound DAF and absorption data and the booking of a contingent resource could have a negative impact on SP - because that's what you're suggesting. What you're saying is actually absurd.

    The only thing I'm speculating about is the potential price, and even that is based on professional report.
    https://hotcopper.com.au/data/attachments/2425/2425689-6abaefc89b2f8524b64a336cabcc8274.jpg
 
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Last
5.2¢
Change
-0.001(1.89%)
Mkt cap ! $62.23M
Open High Low Value Volume
5.3¢ 5.3¢ 5.1¢ $50.68K 974.3K

Buyers (Bids)

No. Vol. Price($)
1 33913 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 440514 4
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