EXS 0.00% 26.0¢ exco resources limited

Ha, good point.On a serious note though, we did get a bump up in...

  1. 1,082 Posts.
    Ha, good point.

    On a serious note though, we did get a bump up in share price back to the 21c level last time the quarterly came out when it confirmed our increasingly healthy cash balance.

    I would hope the cash balance is confirmed to have increased again when the quarterly is released on Monday, especially given we have had no exploration costs and should have received:
    - $1m for our first copper royalties
    - $0.5m interest
    - perhaps the $0.75m payment from PLY for 25% interest in the WD plant
    - ongoing gold production from WD and Vertigo (which we should get a good handle on from the PLY quarterly this week).

    Only relevant costs should be admin costs and perhaps a small tax instalment. Hopefully admin costs have gone back to former levels of around $0.75m per quarter - I will have some concerns if they are still at $3m per quarter given all the sale and dividend transactions have now past.

    Got about half my order filled at 17.5c last Friday. Hopefully get the rest filled in the next couple of days.
 
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