It will take a while before this process is completed. Then it will take time to get the right permits and approvals. We won’t be spending much money on this in the first 12-24 months I’d say. By then, Grandis would have evolved as well as Mongolia and our cash position might look very different.
With regards to why it warranted a TH, I just assume they follow the ASX rules. The tender information was made publicly available at the same time EXR was informed of being the preferred tenderer. This means that a niche group of people would have had access to information that the wider market wouldn’t necessarily know. This allowed them some time to draft up an announcement (and getting a designer to draft up the map).
A lot of frustration here, wow.
Ann: Elixir adds new Taroom Acreage, page-13
-
- There are more pages in this discussion • 88 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EXR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
0.020(20.0%) |
Mkt cap ! $136.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 12.0¢ | 10.5¢ | $191.0K | 1.709M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 175000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 868451 | 9 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| EXR (ASX) Chart |