EXR 10.0% 16.5¢ elixir energy limited

Ann: Trading Halt, page-60

  1. 2,408 Posts.
    lightbulb Created with Sketch. 1337
    Great point....and a cash windfall could see a lil ol dividend for us shareholders, BUT a chunk of cash to deploy into an absolute shed load more Mongolian PSC holes, swiss cheese style and subsequent contingent resource booking costs covered.....we fast track an increase in CR booking with no need to dilute from further Cap Raising......fattening the beast ready for market.

    @OilGasPlanning modelled circa $43milly for the contingent resourcing cost process (of the resource captured to date).

    Would be GREAT to flog QLD off to a Major......disperse a wee chunk off to us for us to cover Xmas pressie costs, AND have a war chest to accelerate the real money maker, Mongolia by drilling and booking contingent and proven resources.

    Get Mongolia proved up at an accelerated pace.....flog that off for mega cash for us all......AND we then all just sit back with a shareholding in the H2 project...which could eclipse everything
    Last edited by Wonkers: 09/11/22
 
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