And there you have it folks. 16.4c of cash backing after payment of taxes, beating all expectations once again.
It also appears we will start receiving copper royalties this quarter as well.
Looking forward to seeing a revised Kangaroo Rat resource this quarter too. And don't forget Mt Colin.
The market currently valuing all of this at 8m. Incredible. If the market thinks EXS are going to burn through their cash and is therefore discounting it, then it is plain wrong. Hopefully the current quarterly demonstrates this (again).
Sitting pretty!
EXS Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held