EXR 3.64% 5.7¢ elixir energy limited

Ann: Taroom Trough Coals Flowed for First Time, page-180

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  1. 2,538 Posts.
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    Appreciated mate- many thanks
    We are not out of the woods just yet but today and the last week or so have been phenominal progress in the right direction, and todays announcement is absolutely mind-blowing, and I think the real catalyst for a company making progression.

    I'd like to think my bountiful optimism is balanced somewhat with reasonable risk identification - after all- we are at the extreme end of the risk spectrum and the stark reality is more explorers fail than succeed. I take pains to point that out continually.
    I would like to think some of my research posting have helped folk come to grips with what we're trying to do both in Mongolia and QLD.

    The Wonkers clan have invested since 2019- continually- as low as 1.9c and as high as 42c or something- , based on significant and constant research with huge doses of conviction and belief, but with the absolute realisation we could pretty much lose everything we've invested.

    One thing that has never swayed is absolute belief in Neil as a leader and that he has the absolute intention of maximising shareholder return in a responsible fashion - (he of course being the largest shareholder). That's not to say I blindly subscribe to absolutely everything he's ever said/done/not done....BUT it does mean that I trust him to make the best decision possible, and I don't really require every bit of detail in that regard- he has my trust.

    I pull no punches in defending that 100% conviction in him and that he'll do his absolute best to turn our very sizeable investment into a good return.
    He can't control the coals, or if contractors f-up a drill, or the time it takes to de-water a reservoir.....but everything he can control for me has been more or less 100% sound.

    People questioning his behaviors or decision making without at least trying to emphasize with the enormity of task and complexity he faces driving a startup business (well- 3 startup project really) and all the complications surrounding the right balance of funding vs dilution etc just gets my goat.
    It smacks of absolute ignorance in the nature of the business in which they've invested- just pathetic to me really.

    i hope he goes on to make $100s' of millions for his efforts, and we're all better off for backing him.


    Last edited by Wonkers: 23/08/24
 
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