EXS 0.00% 26.0¢ exco resources limited

Looks like they are getting out of Coal (NHC), they will have...

  1. 16,642 Posts.
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    Looks like they are getting out of Coal (NHC), they will have some thoughts on where to head next, no doubt.

    Plenty of cash available, now and in the future.

    As I said yesterday, Rob Millner is Very negative towards the MRRT, so where ever they head it is unlikely to be Iron ore or Coal.

    Hope they dont have a go at Exco, they only make lowball offers and rarely overpay for an asset (they look after their own shareholders in this regard, and so they should, that's why they have been so successful and their shareholders so loyal).

    Good to have them on the register or as a partner/JV etc., Dont want them to take a run at us though, bit vunerable after the dividend payout.

    cheers
 
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