Hi Acturtle
This is fabulous news...the jaguar prospect is teh jewel in the crown of Elixir and although it is some time off, the preservation of 40% for minimal cost is great. The prospect is huge, and if hydrocarbons are present, the value for Elixir shareholders will be enormous on a per share basis. I ahven't done any back of teh envelope calculations yet, but I am rapt with this deal. Timing is also very good and this must have been virtually a done deal when the roadshow and share placement was being arranged.
Can't wait for Marquis drill now...
regards
DF
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a good deal on jaguar...., page-2
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Open | High | Low | Value | Volume |
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6 | 169611 | 0.090 |
3 | 65000 | 0.089 |
5 | 180689 | 0.088 |
2 | 150000 | 0.087 |
Price($) | Vol. | No. |
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0.094 | 34392 | 2 |
0.095 | 45932 | 3 |
0.096 | 88455 | 1 |
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