lawrence1967
2,820 Posts.
618
21/03/20
13:2
Post #: 43619244
“However, various discussions are still live and we remain of the view that our company’s asset could well be seen as very attractive to a range of third parties. Naturally we will communicate any material developments in these to you as soon as we can.“To sum up, we have virus-proofed the company as much as feasible in the circumstances; are primed and ready to go when normality resumes; and, are as convinced as ever of the attractive risk reward equation encapsulated in our assets.
https://finfeed.com/small-caps/energy/elixir-energy-optimistic-amid-market-sell-/
more news dated 19th March 2020. -
China continuing to build energy infrastructure through the region making Elixir’s substantial assets more attractive to potential partners.
Beijing Jingneng, a Chinese energy utility, has announced plans to invest $3bn in a combined solar and wind plant with hydrogen to be used as an energy store
”As well as the green hydrogen plant, Beijing Jingneng intends to build a natural gas pipeline, an agricultural logistics centre, an industrial steam facility and a quartz sand processing plant.”
”Beijing Jingnen said the chosen site was at the junction of Mongolia, Shaanxi and Ningxia provinces, a good location with “rich mineral resources, convenient transportation network, and broad development prospects”, including rapid growth in coal mining, chemicals and the LNG industries..”
http://www.globalconstruction....
Guess it depends on glass half full or glass half empty view of life, that is important and if you are optimistic or pessimistic to what degree you envision this risk rather than living exclusively for the immediate and verifiable rewards?
I see a lift from 3.2 cents to 8.0 cents....what do you see?
