EXR 1.79% 5.5¢ elixir energy limited

Ann: Trading Halt, page-35

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  1. 352 Posts.
    lightbulb Created with Sketch. 81
    It's an interesting fiasco in my eyes...

    • Raised capital not too long ago
    • Had $1,000,000 provided to us by Origin, of which as I understand has been paid.
    • Have a government grant cutting almost half the cost of DD2
    • Nothing much going on in Mongolia therefore low expense?
    • Gobi at a stand still... could it be Gobi related? I mean I doubt it but hey.

    Neil seemed over the moon with the results and simply just wants to get moving ASAP?

    It will sting retail regardless - any CR so close to another is a gross feeling. Hope there's some decent interviews and communication on this; or a cornerstone to be involved - they may not even get what they require from retail.
 
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