In short - definitely not. We are still an unknown, under-appreciated speculative explorer - one of hundreds on the ASX. These are very very early days in the company’s development but the success to date with Nomgon 1 (and the success to come) gives those with experience and imagination a clear vision of the immense value that can be unlocked.
The share price is only up approx 20% from the high of 5.5 from last year on anticipation of our first drilling campaign and only up 60% - 65 % from the high of 4 cents on Nomgon 1 results (before the COVID19-related retrace to 2 cents).
In other words the rally from 2 cent in March is really just a return to a normal level and has been on low to modest daily volume (insiders and core investors) but the consistency suggests accumulation.
A whiff of gassy coals in a Nomgon 2 and we will rise multiples of where we are today in minutes with a massive surge in volume. Remember, we are still well under the radar but a surge in price will attract the mainstream investment community as well as institutional buyers waiting for the 20 cent threshold to buy in.
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elixir energy limited
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2.6¢

And the steady rise progresses, page-8
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.39M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.6¢ | $22.9K | 864.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 223034 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 352961 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 223034 | 0.026 |
20 | 4481916 | 0.025 |
3 | 1541706 | 0.024 |
2 | 1550000 | 0.023 |
6 | 1947472 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 352961 | 3 |
0.028 | 762745 | 6 |
0.029 | 2003200 | 3 |
0.030 | 1312729 | 6 |
0.031 | 500000 | 1 |
Last trade - 16.10pm 10/07/2025 (20 minute delay) ? |
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EXR (ASX) Chart |