The board wish to keep the register open for future collaborations such as joint ventures and farm-ins/outs where equity may be used as leverage. There is a strong and diverse demand for Elixir shares now and the company will be very selective of which institutions join the register. Elixir is not like other small cap explorers and will not follow the usual path to market. We have seen how many seasoned traders have already found themselves ‘wrong-footed’ by applying the usual trading analysis to Elixir which is carving its own path through the wilderness of a remote frontier.
