EXS 0.00% 26.0¢ exco resources limited

future plan/value/developments, page-11

  1. 2,649 Posts.
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    I wasn't have a shot at you or anyone else just making an observation that we are all a bit jaded from a relatively quiet period.

    I don't agree with Noellyn on the dividend. I don't think a dividend is very likely (but not ruled out). My understanding is that the company would much prefer to purchase another gold asset that is ready to be mined or near enough. The return from spending a few million on purchasing something would have the potential of a much higher return and I believe they are actively seeking something to fit the bill. The WD plant is a valuable bit of hardware that will be moved when something suitable is found.
 
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