EXS
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0.00% 26.0¢ exco resources limited

exco quarterly reports ..., page-4

  1. bsredoje
    1,943 Posts.
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    31/10/11
    17:57
    Post #: 9219765
    Firstly they spent $3.2M on exploration not $5M with no significant results.

    Secondly they earned $2.3M on interest for full Q1 so that yield low 1% per Q or 4% per annum or $760,000 per month.

    Finally they spent $3.67M on administration in the last Q which is huge if you compare with estimated cash outflow for next Q for admin of only $750,000.
    EXS Price at posting: 70.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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