MARKETS

Elixir expands into Queensland 

MONGOLIAN CSG pure play Elixir Energy has just expanded its holdings, buying a Queensland permit only 35 kilometres south of the Wallumbilla gas hub in the Bowen Basin. 

Elixir expands into Queensland 

It will issue the permit's owners 20.7 million shares worth $3 million at its current share price and pay $500,000 cash upfront from its $27 million warchest.    A third of shares can be issued now,...

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