i was right this doesnt stack up, page-16

kband

Correct

You say the fundamentals are poor.

What I say that there are no fundamentals as this thing is still a spec stock. Sure it has assets and cash in the bank but I would hardly call these fundamentals in the same vein as any profit/loss making company on an exchange. Therefore, your call saying it has poor fundamentals is a false call.

When EXM start producing and have an income and a balance sheet which shows the revenues from sales etc etc then we can talk (financial)fundamentals all you like.

We can argue the semantics of this notion but for now this is fundamentally a spec stock on which you may be able to posture a position for it's future base on your best guesstimate.

For me my guesstimate is that EXM look very promising from a speculative perspective which will hopefully translate into financially excellent fundamentals in the future.

Cheers
BW