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2.94%

16.5¢ elixir energy limited

Ann: Funding for Grandis and Nomgon, page-174

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2020Mustang

4,287 Posts.

686

04/09/23

19:46

Post #: 69727343
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Originally posted by coilmaster: ↑

I agree, we all need better reporting and accountability from the company. Small Cap companies are not going to be producers !!! That needs to be clear. Grandis was not without its issues and the small cap company we know as EXR capitalised on an opportunity to get in there and work through the issues and only THEN, when there has been a successful outcome in terms of establishing a confirmed, viable, long term resource at ground level will it again become attractive to a bigger player and be sold off. That whole process is literally four to five years away - make no mistake.

I continue to invest sub 6.5 cents as I feel that's attractive and prudent given the CR price. I added another 500,000 today at 6.1 - bringing my average lower still. I am please those few sellers at the coal face held out and were not bullied into letting us drop below 6c. It may still happen but it is beyond me why any one would want to sell and not add at this price. I have a great respect for all you EXR die-hards. One day we will all be smiling.

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I doubt it will take 5 years. The Chairman has said Nomgon commerciality will be determined this fiscal year. Grandis results due before end of fiscal year.

EXR Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 16.5¢		Change -0.005(2.94%)		Mkt cap ! $197.4M

Open	High	Low	Value	Volume
17.0¢	17.0¢	16.0¢	$242.0K	1.463M

Buyers (Bids)

No.	Vol.	Price($)
1	21497	16.5¢

Sellers (Offers)

Price($)	Vol.	No.
17.0¢	561963	6

View Market Depth

No.	Vol.	Price($)
1	50	0.170
13	316167	0.165
15	600845	0.160
4	243166	0.155
11	539770	0.150

Price($)	Vol.	No.
0.160	300000	1
0.165	200000	1
0.170	577203	6
0.175	366486	9
0.180	549139	12

Last trade - 16.10pm 03/10/2024 (20 minute delay)

EXR (ASX) Chart