are we a bargain?, page-64

Well,
if we've gotten this far with a lot less imagine what these guys can do with $200 mill in cash on top of the cahsflow and royalties. Lets see an extension to the SA gold mine and then expand other Cu deposits EXS have. I have a feeling they'll be better than CCP.

Once this progresses and the instos get comfirmation of franked divvies, there should be some decent bucks rolling in.

Makes sense Xstrata need feed for their mill so good for them, good for us. Make no mistake about is, this deal changes the game for this company. Easiest way to get this outfit moving along the next step in growing the business and deliver immediate rewards to impatient holders was the asset sale.

Cashed up and ready to take it to the next level. In the meantime, I look forward to a dividend cheque and will sit back and see what happens after the market re-opens post easter, tomorrow being a half trading day.

Once word gets out and divs are approved that will tick the boxes for some nice price movement.

In the meantime, how good value is this company?

Each to their own but I for one do like making money and this is a great horse to back.