EXR 2.94% 16.5¢ elixir energy limited

If it’s a CR at 7c I will be immeasurably disappointed, no ok t...

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  1. 724 Posts.
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    If it’s a CR at 7c I will be immeasurably disappointed, no ok t only because of the erosion of value and dilution, but primarily it would be the first material signal to me that companies’ confidence in Mongolia is shot. Why would they do a CR now, on the cusp of further pilot learnings, 9 months after they said that Mongolia commerciality would be declared “early in the new year”. Could be a positive development, investor, farm in, partnership, JV, etc. If it’s a CR, at this price and at this time relative to being in pilot wilderness, then I might be done.
    Last edited by RealityScience: 25/08/23
 
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