EXR elixir energy limited

Ann: Expanding in the Taroom Trough, page-3

  1. 817 Posts.
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    Some things to like
    1) didn’t give up any of our acreage
    2) interesting to describe acquisition of contingent resource as “accretive” but the point is fair: it’s very cheap, will look like deal of the century IF the play works
    3) new acreage accesses the different horizons/plays that each of OMA and Shell are testing; this is perhaps the biggest positive, a fantastic feature of the deal
    4) what’s another 250M shares when we’re already over 1 Billion issued….

    i reckon this is Ok to positive
 
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