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4.17%

11.5¢ elixir energy limited

2T or more than 3.6 T cf . Possibly more still for...

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RedwitchII

2,592 Posts.

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25/03/24

20:34

Post #: 73051427
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Originally posted by BasVermeulen: ↑

EXR valued between 27c and 35c based on the Arrowhead Due Dilligence report (disclaimer, paid for by EXR).
Based on our current .395 TCF 2C numbers, we are valued at $390M.

The formula used to value is based on the average EV/Contingent resource value of our peers.

That means if we increase our 2C to let's say 2 TCF, our fair value will hover around $2B, or $1.7/share.

BUT "Fair Value" doesn't mean the Shareprice will reflect this accurately because there are some strong outliers here.
By this metric, Beach Energy is 3.9 x overvalued compared with the average and Blue Energy dramatically undervalued (1.6 TCF vs. $28M market cap). It goes to show that there are obviously other factors that are at play for these companies, so we can't just look at these numbers only.

It does however, gives a good indication of the SP appreciation potential!

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2T or more than 3.6 T cf . Possibly more still for EXR.??
Undervalued at present. Good to hear this.

IVZ needs to raise money to further their prospective exploration. Difficult to raise in this geopolitical climate heating up ww.

Tough race.

Last edited by RedwitchII: 25/03/24

EXR Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 11.5¢		Change -0.005(4.17%)		Mkt cap ! $130.4M

Open	High	Low	Value	Volume
12.0¢	12.5¢	11.5¢	$134.1K	1.126M

Buyers (Bids)

No.	Vol.	Price($)
12	411871	11.5¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	287415	4

View Market Depth

No.	Vol.	Price($)
12	411871	0.115
31	1260986	0.110
11	1753284	0.105
36	1853096	0.100
1	6000	0.099

Price($)	Vol.	No.
0.120	287415	4
0.125	127435	6
0.130	1009223	2
0.135	135000	4
0.140	205804	6

Last trade - 16.10pm 10/05/2024 (20 minute delay)


Last 11.8¢			Change -0.005 ( 2.17 %)
Open	High		Low	Volume
11.5¢	12.5¢		11.5¢	988409
Last updated 15.40pm 10/05/2024 ?

EXR (ASX) Chart