Green Bull, when do you suspect assay results should be due back...

First 28 Last

Share
Profile

Follow
Johnnyzadeh

1,836 Posts.

1

24/05/16

13:23

Post #: 17851587
Share

Originally posted by Green Bull ↑

Looks like the HAO muppets had a few left over to sell into this morning's news - I didn't miss the top-up chance this morning like I did last time.

Hopefully that's them done.

Lithium exploration currently underway and as it stands, there is no value attributed to the Company's Lithium potential or the fact that they're currently undertaking Lithium exploration on grounds that the MD thinks that "the Moolyella Lithium Project has the potential to host significant Lithium mineralisation".

There is no value attributed to the Lithium as just the Pybar Gold agreement, for EXC being free carried through mining of gold, which will commence in the short term, is surely alone worth more than the current $10m market cap given to the Company?

Then there's:

- the rest of the Gold
- the Lithium with initial hits of 1.82% Li2O
- the recent "additional placement at twice the price of the placement completed a few days earlier (to a "well-known small cap resources fund")
- lithium exploration currently underway
- more Gold news to come in relation to the Pybar agreement
- more Gold news outside of Pybar agreement

In comparison, most other Companies have at least a $10m market cap attributed to them just due to being in Lithium (with most not having any hits/results - ie. 1.82% Li2O).

Looks good to me at the moment and I am looking forward to this substantially re-rating in the short term and beyond.

Happy holding (and topping-up).

Cheers,

GB.

Expand

Green Bull, when do you suspect assay results should be due back for there rock chip sampling?

EXC Price at posting: 4.0¢ Sentiment: Buy Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

WBC

Westpac appoints former Deutsche and Goldman Sachs executive to the top job

ASX Market Open: Local bourse to dip -1.30% on back of soft US Friday session | 9 September 2024

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

KCC

Kincora to unlock key copper-gold province with three new licenses in NSW

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts