exco immediate future, page-3

"I suspect that Exco's cash position and current assets are becoming increasingly irrelevant to its market valuation."

You are exactly right, and management are fully aware of this. This disconnect has occurred for a long time whilst first everyone focused on the CCP sale, and then the dividend. Once the superfunds have sold out (assuming they do intend to sell at a loss, because anyone who bought 45 days ago who seem below 20c will be making a loss), there will be a refocus at a point in time on the fundamentals. Hence the opportunity and unique appeal of EXS.

And i do stress that when you have cash-backing, plus incoming cash flow and hungry investors on the register, you do have a unique appeal.

You also don't need large resources to keep the coffers filling when you have nearby plant. The CCP sale itself should have demonstrated this.

I also like the fact you make no mention of the Great Australia royalty in your analysis. That is an asset on par with Mt Colin.

Anyway, let's talk again when you produce the name of this comparison stock...