Thoughts on this stock?

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Elixar Energy Limited (ASX : EXR)

So basically they’re an Australian company starting mines in Mongolia, they’ve bought heaps of land and more than expected we’re oils sites are.

Here’s the beautiful part, if china does decide to boycott Australian they’ll buy using a middlemen like Mongolia.

Now they’ve got the oil, they don’t have to deal with shipping costs and they have a government deal lined up.

This is what’ve I’ve gotten from my initial research. Wanted to see what everyone else thought about it?

Link to more info

https://elixirenergy.com.au/wp-content/uploads/2021/02/K1-Capital_Research_20192509.pdf

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Posted: 2 years ago
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