EXR 0.00% 10.5¢ elixir energy limited

Keen to buy more. Materially expanding the program from the...

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    Keen to buy more. Materially expanding the program from the extra $20M means we can realise more value a lot quicker than before. Why do people freak out over a company raising cash to fund a significant milestone that will provide a huge return for shareholders if successful. Think of it as investing in a money tree, it would make me feel comfortable when the pilot well gives the company a steady income and hopefully eliminates the need for any more cap raises. OGP also included in his model a cap raise or two for particular projects so this is old expected news was just a matter of ‘when.’
 
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