trading analysis, page-22

No kymelle, we are making completely different points sorry. Cash is a good thing. It makes no sense to discount it. It is the end game.

EXS spent 25m on CCP and turned it into 175m. The assertion that they will just burn through 50m+ of cash is unjustified as they are proven management.

Planned expenditure is 10m. This will be funded from the copper royalties and interest and therefore doesn't affect the current cash-backing of 68c. Other cash flow producing initiatives will be announced shortly (i.e. WD extensions and Mt Colin).

Reference to brokers was due to someone else's post who claimed there was something wrong with the stock because his broker said so. Utter nonsense.

No idea why JPM is selling. I presume it has something to do with the state of the world and consequential changes to their asset allocation. It doesn't change the stock fundamentals and just creates the arbitrage opportunity oze refers to. I think they are selling too low, but they have other considerations to take into account. Companies and funds sell non-core assets all the time to raise fund for other purposes.

Sin Tang were keen on the CCP asset. Now that it is gone, it makes sense that they turn their mind to other things.

If it turns out that MA is still holding his stock, then that would be a fantastic sign.