EXR

5.97%

7.1¢ elixir energy limited

I'm on options.Interesting read, have done this myself.

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dalez

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09/09/24

15:19

Post #: 75594349
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Originally posted by kurt64: ↑

General Chit Chat
Options --
Over the weekend had a bit of a talk with a few mates about EXR and the Potential for a sale of Grandis --the figures being discussed ranged from 30cents a share to $3.70 ( with a few beers )... just for the queensland site --excluding the Newer site and Mongolia..

of course -- this was all using the assumption that the Flow was Commercially proven -- and that Australia needs Gas -- as per the current News Headlines --

So what would be best with a limited Income to buy in at the Moment??
Would it be better to Buy the EXR heads at 14cents or the Options EXROB at 7cents (with an Exercise payment of 12cents in 2026)

We threw around some figures ( while awaiting the announcement of a Trifecta payout)
What we could get for say $10,000 ---
EXR heads at 14cents would be 71412 shares (rounded lets say 70Thousand EXR Shares)

The Options EXROB -- at 7cents (half the price) would give us 140Thousand shares (but we would have to stump up $16,800 EXTRA before sept 2026 to convert them) -- so Total cost in the long run would be ($10,000 + $16800) $26,800 for the options.

A sale at 30cents -- would be 70,000 x 30cents == 21000 (les $10000) = 11thousand profit
or 140,000 x 30cents = 42000(less 26800)) = 15200 profit

at 3.70 a share ==== 70000 x 3.70 = 259,000 less 10,000 = 249thousand profit
or 140000 x 3.70 == = 518,000 less 26800 = 491thousand profit

If EXR --Grandi site - suddenly goes Belly up and all the holes turn to mud and we get No Gas --it wont be worth worrying about ,
then of course we would have to rely on Mongolia

Obviously there are pit falls,
just wondering if many here hold both Heads and Options??

By the way the, Sadly the Trifecta only paid $642 -- split between the Four of us -- paid for a boozy afternoon/and a dinner -- but did generate some interesting conversations.

None of this si advice or recommendations -- just curious why some people Buy or Don't Buy Options ?

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I'm on options.

Interesting read, have done this myself.

EXR Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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Last 7.1¢		Change 0.004(5.97%)		Mkt cap ! $84.97M

Open	High	Low	Value	Volume
6.8¢	7.1¢	6.6¢	$744.8K	10.85M

Buyers (Bids)

No.	Vol.	Price($)
3	294285	7.0¢

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Price($)	Vol.	No.
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1	144927	0.069
10	989409	0.068
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3	250000	0.066

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0.072	155851	6
0.073	671000	4
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0.075	225234	4
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I'm on options.Interesting read, have done this myself.

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I'm on options.Interesting read, have done this myself.

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