Past year: ▲ 43%(4.20c – 15.0c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
28 Aug 2025annual report● Neutral
Annual report for the year to 30 June 2025, with Stuart Nicholls now on the board as Managing Director. It recaps the year's Santos and Xstate deals and the Mongolia exit, and flags the coming drilling campaign. Financial detail was not in the supplied text.
28 Aug 2025annual report● Neutral
Corporate governance statement accompanying the annual report, approved by the board on 20 August 2025. It describes board policies and notes departures from ASX recommendations. No new business information.
28 Aug 2025annual report● Neutral
Appendix 4G governance checklist lodged with the FY25 annual report, confirming the governance statement is current at 20 August 2025 and board-approved. Administrative only; no new business information.
19 May 2025director officer appointment● Neutral
Kingsley Rudeforth, formerly Strike Energy's drilling superintendent, is appointed to the new Chief Operating Officer role from 5 June 2025 on a $270,000 salary. He receives 15M performance rights and 2M options at 12c.
12 May 2025investor presentation● NeutralMajor
New CEO releases a three-phase 'fast follower' strategy for the Taroom Trough: secure tenure, prove reserves, then early production. It targets production and over 150 Bcf of 2P reserves by end-2027, progressing only when capital is available at acceptable cost.
5 May 2025other● Neutral
Routine cleansing notice for the 5 May issue of 3,342,871 shares and 7,671,441 listed options under the share purchase plan. The notice itself refers to it as the placement, which appears to be a labelling slip (inference). No new information.
2 May 2025asset acquisition disposition▼ BadMajor
The board will write off the Mongolian assets (A$34M carrying value at 31 December 2024) at 30 June 2025, citing its Taroom Trough focus and the farmout. At the farminee's request, Elixir granted a one-year option to buy its residual gas interests for US$10M.
1 May 2025capital raising announcement▼ BadMajor
The share purchase plan closed with only $117,000 of applications against up to $2M sought, taking the placement plus plan total to $7.1M. Cash plus receivables, including a $3.7M R&D refund, total $10.6M at end of April.
15 Apr 2025admin correction● Neutral
Re-release of the plan extension notice correcting the stated total value of the offer from 3.05 cents to 3.5 cents. No other change.
15 Apr 2025capital raising announcement● Neutral
Elixir extended its share purchase plan (3.5c shares, one free 12c option per two shares) to close on 29 April 2025 and deferred the general meeting to 23 April. It tied the extension to new CEO Stuart Nicholls and a share price of about 3 cents.
14 Apr 2025director officer appointment● NeutralMajor
Neil Young retires as CEO and Managing Director after about six and a half years; Stuart Nicholls, former Strike Energy CEO, replaces him immediately. Young stays as adviser for at least 3 months. Nicholls says he will prioritise long-term tenure of the Taroom Trough permits.
7 Apr 2025farm in farm out agreement● Neutral
Xstate's side of the Diona deal: it pays Elixir a $250,000 non-refundable deposit, operates, and funds Diona-1 for 51%. The deal is subject to conditions precedent. It also targets ASX re-admission, per its announcement.
7 Apr 2025farm in farm out agreement▲ GoodMajor
Xstate Resources earns 51% of the Diona sub-block of ATP 2077 by fully funding the Diona-1 conventional gas well, expected in the third quarter of 2025. Elixir keeps 49% of Diona and 100% of sub-blocks A and B. This resolves the Diona farmout talks.
7 Apr 2025investor presentation● Neutral
Elixir presentation on the Diona farmout. Diona-1 is estimated at $2.65M gross, with 5.1 Bscfe gross unrisked mean prospective resource and a 55% chance of success. Repeats the farmout terms and notes this is one of two fully funded wells for Elixir in 2025.
13 Mar 2025other● Neutral
Covering letter to shareholders on the purchase plan, repeating the prospectus terms (3.5c, closes 15 April). No new information.
6 Mar 2025capital raising announcement● Neutral
Prospectus for the shareholder purchase plan: up to 57.1M shares at 3.5c to raise up to $2.0M, with up to 28.6M free 12c options. Not underwritten and subject to shareholder approval. The 199.5M placement shares were issued 17 February.
What it means for a shareholder
57.1m new shares at A$0.035 to raise about A$2.0m. That's 3.9% dilution: every existing holder's slice gets 3.9% smaller. If you held A$1,000 of shares (28,571 at the issue price), your slice goes from 0.00205% to 0.00197% of the company. To keep it you'd need 1,168 more shares - about A$41 at the issue price.
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6 Mar 2025admin correction● Neutral
Registered office and principal place of business changed to Level 1, 60 Hindmarsh Square, Adelaide. Administrative only.
28 Feb 2025capital raising announcement● Neutral
Timetable for the $2M shareholder purchase plan at 3.5c, with one free 12c option per two shares and a $30,000 cap per holder. It closes 15 April, subject to approval at a 23 April meeting. This follows the 11 February placement.
21 Feb 2025farm in farm out agreement▲ GoodMajor
Elixir farmed out its Mongolian gas (Nomgon) and solar/wind assets to Gobi Terra (UK), which earns 51% and fully carries Elixir to final investment decisions. Put/call exit options are capped at US$30M for gas; management cites possible payments of A$56M in total. This resolves the Mongolian farm-out talks.
19 Feb 2025half year report▼ Bad
Half-year to 31 December 2024: net loss of $1.80M (vs $0.40M) and cash of $2.69M, down from $7.67M at June 2024. Nomgon coals have not yet reached critical desorption pressure; Mongolian farm-out talks were still open.
13 Feb 2025admin correction● Neutral
Relodgement of the webinar invitation to correct the date to Monday 17 February 2025. No other change and no new information.
13 Feb 2025other● Neutral
Invitation to an investor webinar on the Taroom Trough expansion. The date was wrongly stated and corrected in a relodgement. No new results.
11 Feb 2025investor presentation● Neutral
Presentation on the Santos farmin and ATP 2056 contingent resource, repeating the announcement's figures. Adds that Lorelle-3 targets the Dunk Sand and that the deal is said to acquire gas at under $0.01c per Mcf, per the company.
11 Feb 2025other● NeutralMajor
ASX suspended Elixir shares at the company's request, pending an announcement about expanding its Taroom Trough position. Follows the 7 February trading halt.
11 Feb 2025other● Neutral
ASX notice that the suspension of Elixir shares will be lifted immediately after the Taroom Trough expansion and fund raise announcement is released. Administrative only, with no new information.
11 Feb 2025farm in farm out agreement▲ GoodMajor
Elixir signed farmin deals with Santos to earn 50% of ATP 2056 and ATP 2057 in the Taroom Trough, booking 1.2 TCFE of contingent gas (total Grandis 2C now 3.0 TCFE). It raises up to $9M: $7M placement at 3.5c plus up to $2M shareholder offer, to fund the Lorelle-3 well.
11 Feb 2025other● Neutral
Elixir's request for voluntary suspension from 11 February, ahead of an announcement on expanding its Taroom Trough position and a fund raise. A raising is signalled but no size or price is given yet.
22 Jan 2025admin correction● Neutral
Re-release of the 15 January coal resource booking, adding appendix wording that it is premature to identify what is needed to convert resources to reserves. It also notes farmout talks with larger partners are advancing. Resource numbers unchanged.
15 Jan 2025resource reserve update▲ GoodMajor
ERCE certified a maiden deep dry coal contingent resource of 245 Bcf (2C) in ATP 2044 and 2077 Sub-block A, lifting total Grandis 2C to 1,715 Bcf (+17%). This follows the Daydream-2 coal flows and converts part of the earlier prospective coal estimate.
14 Nov 2024investor presentation● Neutral
Noosa conference slides on east coast gas shortage and Taroom Trough activity. Shows A$68M market cap at 6c, A$10M cash, 1,196M shares. No new operational results.
