EXR 9.09% 12.0¢ elixir energy limited

One would assume given the recent raise was 7c with a 12c option...

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    One would assume given the recent raise was 7c with a 12c option - 8.5c and a 14c'ish option would be reasonable? noting we hadn't found the stream of gas or had any DD2 results at the previous raise?
 
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