EXR 4.35% 12.0¢ elixir energy limited

I cannot understand how these guys didn't raise capital when...

  1. 246 Posts.
    lightbulb Created with Sketch. 30
    I cannot understand how these guys didn't raise capital when they spiked to 14/15c on the nearology play with that other explorer....I GUESS..that these guys want out of Mongolia BADLY - hence the pivot to the (zero synergy) play in QLD....which will cost probably $15m a well to drill and EXR clearly dont have anywhere near that cash.....not sure how everyone else cant see that....?
    I'm out...
 
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