EXU 0.00% 17.0¢ explaurum limited

Ann: Explaurum Quarterly Activities Report, page-4

  1. 61,599 Posts.
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    It will happen Jimbo.

    Once a toll treatment agreement is in place and we know what the net profit per/oz will be, this Company will be re-rated.

    As you say, there are encouraging signs that the resource can be (considerably) increased through further drilling.

    Also, the initial plans could be changed to allow for greater tonnage through a mill thereby increasing the huge cash inflow into the Company through 2016-17.

    Fingers crossed all goes smoothly from here on in. The Management is doing a great job and I'm sure Stroud's inclusion will be beneficial to the overall success of the project.

    At the current Au price we will make huge $. Personally, I'm expecting a lift in gold prices and if this transpires the return will be that much greater going to the bottom line.
 
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