EXU 0.00% 17.0¢ explaurum limited

expectations ??

  1. 83 Posts.
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    with results on both the toll treatment resource estimate and initial met results now over due by a week i was wondering what peoples expectations are and what this may mean for the SP. its been run up a fair way in the last few trading sessions. I was wondering if the market has fully factored in the companies target of 50,000 Oz for the toll treatment already ?? i dont think so in my opinion (disclosure: i hold). i think on positive +50k Oz and good met results that indicate the material is treatable at near by plants and or a good % coming out via gravity, then we could be looking at fair MC value of a couple of million more than at present.
    looking further forward, i think the medium term prospects of this company present very good risk rewards, especially taking into account the very experienced boards exploration targets. having an experienced geologist in charge with a proven record of success is always a good thing in my opinion.
    the company has told the market end of Feb so i am assuming results are not too far away now. im tipping within the next week !

    interested in gaining others views on this...

    cheers
 
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Currently unlisted public company.

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