"without naming the stock to which I now refer, I can cite the...

"without naming the stock to which I now refer, I can cite the case of a recently listed mining stock, which has already shown some initial promise, having nonetheless, of recent times, retreated to a market price equating to less than half its cash reserves."

Please name this stock so that we can compare the differences and analyze how much you are downramping. Personally, I think you are talking complete garbage, especially when we have WHSP on the register who would quite happily take the opportunity to effectively be paid to take EXS's assets. In fact, I will make a statement right here right now that if we drop below 15c, I will personally (together with other investors I have already been speaking with) accumulate a 20% stake in the company.

After all, you were the one tipping IVA would make a scrip offer for EXS back in June.