EXS 0.00% 26.0¢ exco resources limited

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  1. 1,082 Posts.
    uawkn, I spoke to GL about this and his take is as follows:

    - results support the concept of Hazel Creek as a stand alone target region

    - in addition, smaller nearby higher grade resources may even have a home at Hazel Creek through exisitng infrastructure!

    This latter part is particularly exciting as it allows us to monetise resources whilst developing the larger resource(similar to Great Australia, Kangaroo Rat and Mt Colin). This is something that has not been expected to date, so is great news. It isn't highlighted particularly well in the announcement apart from a comment on pg.3, so the market may not fully appreciate this.

 
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