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Elixir Energy Limited ( (AU:EXR) ) just unveiled an announcement.
Elixir Energy Limited has received a $3.861 million R&D tax refund, which will support its ongoing Taroom Trough Lorelle-3 appraisal drilling campaign and the Diona-1 production testing. This financial boost is crucial for the company’s forward funding strategy, potentially enhancing its operational capabilities and market positioning.
More about Elixir Energy Limited
Elixir Energy Limited operates in the energy sector, focusing on exploration and development projects. The company is involved in activities such as appraisal drilling and production testing, with a market focus on high-impact energy projects.
Average Trading Volume: 3,374,504
Technical Sentiment Signal: Sell
Current Market Cap: A$58.78M
See more insights into EXR stock on TipRanks’ Stock Analysis page.