EXS 0.00% 26.0¢ exco resources limited

Ann: Turpentine Resource - 181% Increase in Cont, page-24

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  1. 1,082 Posts.
    re: Ann: Turpentine Resource - 181% Increase... The key to me is the royalty agreement. Management need to get aggressive on this and demonstrate to the market it is all a ploy by SOL - that will add some certainty to our true cash backing of over 16c per share and our future income streams of another 4c or so.

    Take the game back to them. Call a breach of contract and get an injunction against CopperChem from mining. That will leave SOL with an empty processing plant and you can't survive long with the costs on that. This should force their hand.

    If this doesn't work, then I want to know why. Not sure why we aren't given more details on this, but hopefully it will all be addressed in the target statement.
 
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