EXS 0.00% 26.0¢ exco resources limited

I am with you oze on not getting bogged down.Prefer for them to...

  1. 1,082 Posts.
    I am with you oze on not getting bogged down.

    Prefer for them to get ongoing cash flow opportunities sorted first. When I last spoke to MA on 29 June, he said they were close to negotiating a couple of Copper Chemical style arrangements, so it would be great to see some of these outcomes shortly. I think this is also what GL meant in the article aussiemaddog posted recently, when he said:

    "Further, Exco will investigate opportunities that may provide the company with cash flow in the interim, while it undertakes its long-term exploration strategy."

    But with the POG where it is, what I would really love to see is something about the WD strategy.

    I don't know enough about QMN to know whether it is good value or not, but we have plenty of assets to work with already, so I don't see the need to splash out just yet.
 
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