...here we are with granted ground about to be explored that already has proven presence of lithium and cash in the bank and 11.5 million MC. If we completely ignored EXC's the robust gold assets, even though one about to go into fully funded Production, which will be a fantastic revenue generator for EXC even at the discounted gold price, it's hard to see why a MC closer to SYA's isn't justified just on the lithium exposure? If that logic stands true, this rerate has only just begun...
Totally agree Supermajor - our MC has quite a way to go - love the pending goldmine and gold prospects - but lithium wise, love we have pre-existing core-samples - just waiting on the ground to be assayed for lithium. This makes our lithium timeline ahead SYA, and most junior lit explorers - and still only 5c a share. But on the gold-front alone - we should also be higher than 5c.
Speaking of gold - market wise, EXC has timed it's run beautifully as the price of gold continues it's rise, showing no signs of abating. Check this out from 3 days ago...
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- Ann: High Grade Gold Results Identified at Grass Flat-EXC.AX
Ann: High Grade Gold Results Identified at Grass Flat-EXC.AX, page-39
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