EXS 0.00% 26.0¢ exco resources limited

perth roadshow this thursday, page-4

  1. 2,474 Posts.
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    just a point of clarification ...not trying to dis management in regard to my question.

    A relevant issue with exploration is that it is not just a factor of having money to throw at a resource in exploration, but also it's a factor of time.

    It can be very expensive to diamond drill a resource like a piece of Swiss cheese, so to be cost effective, judicious drilling results need to be assayed and a decision made as to appropriate geophysical surveys prior to even a more intensive drilling program.

    Logistical issues need to be organised, and drilling and assays can be delayed due to demand.

    My point is ...if there is money available, why not start getting on with the job now?

    Due homage and deference paid to current management who are clearly smart cookies ...I would just like to know their thoughts and reasoning.


    Cheers,



 
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