EXS 0.00% 26.0¢ exco resources limited

melbourne presentation, page-5

  1. 1,583 Posts.
    From what I remember about the presentation on Monday night, ~$25 million was spent to develop CCP to it's current state.

    Only ~$2 million has been spent on Hazel creek which has a carbon copy geological footprint. Do the math and review the grades and thicknesses from HCCP (Hazel Creek Copper Project).

    With the excess funds available after the div/capital payback, this will allow a lot more development of the new resource.

    I don't think the Geos have had it this good with respect to available funds for future exploration and development. Let's see what they can do when they aren't restricted by future funding.

    Also bear in mind the other cashflow being generated to proving up more deposits in the massive tenement holding that this company has in this highly prospective area.

    I for one would like to get the payout and let this company go forward without past funding restrictions as there's too much value to be unlocked here before being a takeover target.

 
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