Blue sky is just about guaranteed - the only objection or doubt that the market has is the funding - so i agree with you there - but, look at the new personel they've put on, and with funding experience.
Two factors will occur that will cement EXM's success; increase jorc estimate and production planning, and funding arrangements; and with the 80% open cut mining of the resource & low production cost of under $400 - blue sky is guaranteed.
Lets not forget that they also have other extensive greenfield gold prospects & uranium prospects in the N.T: and i would imagine that once the Tenant Creek mine is up and running and cash positive, that their attention will turn to these other oppurtunities which will only add to long-term shareholder value.
So overall, this little company is one extremely undervalued, long-term opportunity.. so blue skies in my opinion is just a matter of time, and the trader's sell wall will eventually collapse.
Just my opinion
DSE Price at posting:
1.1¢ Sentiment: LT Buy Disclosure: Held
