EXR 9.09% 12.0¢ elixir energy limited

Ann: Nomgon Pilot Operational Update, page-23

  1. 112 Posts.
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    Webinar was great, good notes!
    He answered my question, out of many asked, about the cash burn rate. Seems there is no guarantee to not cap raise but they are hoping that will not be necessary. Neil did state being a junior gas player though, equity funding is not as easy to avoid per se to bigger players as we have no cash flow at present.
 
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