Here's hoping! I cant see this completion of SP ann warranting a TH. Will be interesting to see if recommences trading Tuesday morning... Hopefully yes, but something a bit more material than this.
As far as an acquisition - Moolyella option might be getting taken up already. Would the 5m issue to vendor to acquire the 90% fall under same placement capacity rules? I am pretty sure it would and in this case it has been handled in a separate placement than the first.
- $5k gave them 6 for Months to explore, option to extend for 3 months, 5m shares to buy 90%.... Some old drill cuttings obtained, exploration now granted..... If the above is the case, it is surely another positive sign for the option to be executed so quickly. The option was put on the table in mid -late Feb, drill cuttings in hand... Then again, there might not be anything in that at all, it might just be a clever way to pump the SP given anything Li related in an Ann makes the market go crazy these days. Make of it what you will, but I, for one, like it.
Been a good week for EXC, no longer under the radar. Onwards and upwards.
