You have a point there Oze -when I read it I was thinking that this was the latest likely date ("by October 31") if everything goes according to plan .
On re-reading I think you are correct and they are stating the distribution is expected to be around that time.
Yes, that could well have encouraged some to sit it out for now.
In a previous post I mentioned some of the delays possible (incl FIRB) and this time-frame is more realistic -they may have also wanted to ensure that all of the franking credits were available to enable a reduced number of distributions or possibly only one.
I guess this means that EXS are straight back to the business of mining and exploration that they have been doing so well.
Cheers all,
John S.
EXS Price at posting:
65.0¢ Sentiment: LT Buy Disclosure: Held
