EXS 0.00% 26.0¢ exco resources limited

xt 11.8 million shares at .635, page-7

  1. 422 Posts.
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    Many thanks lionel for your posts.

    Whilst the delay can be frustrating for holders I'm looking at the bigger picture.

    With cash (and I'm looking forward to the update position soon for the quarterly) in bank every week delay adds (ball park) say $1.5 million a month or say $350K per week (less company tax payable).

    It would be a value add to a frustrating situation to say that the tax department at least has helped Exco to Fund the next round of the company's exploration because of delays.

    I look at it a a win win situation for all ......delay/s or not.

    cheers Aussie

 
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