Id say you would normally be right, but 9c for Anova is bloody cheap and the value sniffers will be all over it. They are in advanced discussions to put the Big Springs ore through Jerritt Canyon and I think production announcements will push the price up in the short term. EXC holders got a nice win, and Im hoping the AWV management have done a good deal, but its a minor part of the valuation of AWV and in due course I think that the arb will be driven entirely by AWV not EXC
EXC Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
