Ann: Ceasing to be a substantial holder from HAO,HAO-EXC.AX, page-13

First 13 Last

Share
Profile

Follow
Lux in Tenebris

403 Posts.

218

12/05/16

11:43

Post #: 17746012
Share

Originally posted by jaked ↑

Despite ALL the charts and technicals... REALITY needs to be revisited ....

1. The EXC/PYBAR deal is potentially massive for EXC.... BUT, is it third time lucky ??? Firstly the disastrous result with Fortuna, then Pit n PORTAL ! EXC need to demonstrate they have the ability to get a deal over the line. Although this deal with PYBAR looks like it can be done and with the current AUD gold price it looks possible... BUT, history raises question marks on managements ability to close out a deal with this second fortune mine.

2. Lithium... Certainly the flavour of the month no doubt... What has EXC done ? ... Cracked a few rock samples... Big deal ! Very, very early days yet... No doubt though with the expected news flow going forward, that will keep the ducks quacking

At the end of the day though, it is the deal with PYBAR they need to consummate and IF done, that could be the makings of the company and a re-rating over 10 c ...even up to 20 cents.

Meantime in my view and until further evidence of
"substance ", the stock is worth around 4 c to max 5 c... in this improving market sentiment.

Expand

Hi Jaked , so you think the Fortuna result was disastrous, EXC received $125,000
cash and 2000 meters of air core drilling for free . Disastrous!!WTF!!.
Now onto Pit n Portal , your reality needs to be revisited here also !!!
Cheers.

EXC Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

SHN

Chimeric clocks $4.17M R&D tax rebate from Canberra

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

PME

Pro Medicus signs landmark $330M deal to roll out imaging platform in US hospitals

OCN

Southern Cross Gold zooms in on 9 new high-grade zones above 20g/t at Golden Dyke

Watchdog takes Webjet to court over alleged 'false' flight prices with hidden fees

Chaos reigns markets – so let's take stock of where we're at ahead of December

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

MTM

Australian Rare Earths bullish on early-stage uranium potential at Overland, SA

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

First 13 Last

Add EXC (ASX) to my watchlist

Ann: Ceasing to be a substantial holder from HAO,HAO-EXC.AX, page-13

Top Stories

Chimeric clocks $4.17M R&D tax rebate from Canberra

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Pro Medicus signs landmark $330M deal to roll out imaging platform in US hospitals

Southern Cross Gold zooms in on 9 new high-grade zones above 20g/t at Golden Dyke

Watchdog takes Webjet to court over alleged 'false' flight prices with hidden fees

Chaos reigns markets – so let's take stock of where we're at ahead of December

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Australian Rare Earths bullish on early-stage uranium potential at Overland, SA

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects