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4.3¢ exterra resources limited

Ann: Trading Halt-EXC.AX, page-18

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Quanta

9,989 Posts.

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22/04/16

20:29

Post #: 17583427
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Originally posted by supermajor ↑

Quanta. I have only seen the term "material" used a few times in the past in association with CR and it has always involved some transaction, other than just funding for working capital. You could be bang on with your assumption or something similar. As you correctly mentioned, they raised funds very recently to progress their gold and lithium exploration. Compared to other explorers in the lithium space, as well as having a very interesting gold project attached, and already funded with a very tight register, this could just as easily be worth .10 cents or more right now in comparison to peers and even that would be the cheap end of the scale imo. On top of this the right news from this trading halt could trigger a massive rerate, which could explain the very solid buying yesterday. It seems there is already one good reason that this should be trading at a much higher price but now there is this wild card that could also be a bigger catalyst. This might have 2 tanks of rocket fuel strapped to it and the second tank might be bigger than the first. As you said, we await.

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Hello supermajor, when did you get on board?

Good to see you

EXC Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
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