EXS 0.00% 26.0¢ exco resources limited

Personally I think it was a good move by IVA to demand the whole...

  1. 52 Posts.
    Personally I think it was a good move by IVA to demand the whole $175m be paid out.

    According to an earlier post by Lionel EXS has likely $240m in cash. Thus, after payout of $175m, there is still $65m cash. Then add in continuing cash from WD until mid-2012, Copperchem royalties to start, Mt. Colin deal to be announced etc.

    So, that's loads of cash, more than enough, & I'm glad the extra will be going in my pocket.
 
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