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17.0¢ explaurum limited

I agree- good experienced mine managers who deliver- RMS.A few...

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smartdude

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11/12/18

05:43

Post #: 36813286
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Originally posted by farm2gate: ↑

Please! In addition to Tampia, we have an under-estimated supergene resource of 20,000oz. from ONLY 64% of Mace’s 1.1km identified strike zone, with the resource open to the west - for how far? 1, 2, 5 or is it the 13 kms of the depression. A very low AISC given the shallow resource and the gravitational and floatation separation process to be employed, and then, an estimated sale price of AUD$1,650+ per oz. ($1,727 per oz. as I write). Let’s all sit back, and let this new gold province grow in the hands of good, experienced and consider management. Chill.

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I agree- good experienced mine managers who deliver- RMS.

A few short months ago EXU management claimed that they would start production in 2018. At the AGM a comment was made that the project was not bankable yet! You need to join the dots- all the ASX announcements are there to access and read.

The Mace announcement needed to excite the market and the share price plummeted. Share prices do not usually go down after good news.

EXU Price at posting: 8.7¢ Sentiment: Sell Disclosure: Held
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