EXR 10.0% 11.0¢ elixir energy limited

Ann: Daydream-2 Update, page-13

  1. 213 Posts.
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    Solid announcement no doubt some will still call it fluff......

    utilising the chosen stimulation process suggests there a certain air of confidence of the grandure if you will of what is in play

    My layman's take on the wording suggests looking to get a partner in early as this method will "underwrite the R&D aspect" - to me that almost positions us in a get in or miss out type message - the cost of wanting to play when we know whats there will be a lot more.

    I could just be looking through rose coloured (and by rose I mean deep red hoping to turn green some time soon) glasses.

    Challenge I see won't be how the market reacts today - will be how the market reacts June to Oct - if Mongolia continues to work away in the background and we are are stuck awaiting analysis and stim testing and production results, it could be a rocky 16 weeks until that booking is updated.

    Last edited by chappy019: 18/01/24
 
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