exm 9 cents p/s take over value

It's a shame that a couple of posters can reduce the sentiment of a company that has nothing but a fantastic short term potential.
EXM has the goods and it continues to get beaten up. Totally unbelievable.
According to Bripoz figures, it has a T/O value of $0.09cps and it trades at one tenth of that figure .009cps.
Posters like Bitzer,Drew M,Bripoz and a few others give the indepth facts of why and where the value is.
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We are sitting on a $1.5 billion dollar plus in ground assett thats trading @.009 of a cent.????????????????
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Down rampers and manipulators you do this company and investors an injustice.


Excert from Bripoz

THE ROADSHOW WILL WILL ALERT POTENTIAL PREDATORS TO THE FOLLOWING FACTS OF LIFE.

1. EXM has a MINIMUM 1,200,000 ounces of gold in the ground..... together with a COPPER component which I consider to be a bonus, and not part of this equation.


2. The TOTAL VALUE of the GOLD.... based on the current price of AUST $1200 per ounce.... lies in the region of AUST $1,440,000,000.

3. The number of EXM shares on issue lies in the region of 1,584,000,000.

4. Divide the TOTAL GOLD VALUE by the NUMBER OF SHARES ON ISSUE..... to arrive at a value per share of 90 CENTS!!

5. Advice from several sources experienced in the field of gold company valuations appears to confirm that when a Company falls within the sights of a predator, that predator will attempt to acquire the Company for ONE TENTH of the proven in ground value.

6. This puts a "predatorial" value on EXM.... at 9 CENTS per share.

7. The current EXM share price is 0.9 cent.... or, ONE TENTH OF what a predator would normally offer.

8. EXM has approximately $2,500,000 in the bank ....and is not at the stage where any predator would deem the Company to be desperate.

9. ERM .... our oft touted friendly neighbour.... has the necessary plant to accommodate EXM's output..... and why wouldn't they do so.... it will be additional revenue for ERM.