5 year offtake agreement with the Xmen with a 3 year option to extend.
More drilling and building of their own plant debt free by 2013 all the while taking over other small players in the area. In 2014 exco starts paying 25c/share dividend twice a year. Then in 2016 we turn the tables on the Xmen and buy them out while at the same time pay 45c/share twice a year as well as a $3.50 Capital return. In 2018 we make BHP share holders an offer for every 10 of their bhp shares we give them 1 Exco share which they gladly except. At the start of 2020 exco pays $1 a share Dividend and Rio comes to Exco and begs them to be next on the Take over table. Michael offers Rio shareholders 1 Exco share for every 30 Rio shares. In 2021 Exco shares hit $100,000 and they pay a $5000 dividend twice a year.
Some of my dates could be out.
Anyone Concur? Hermie.
EXS Price at posting:
52.0¢ Sentiment: Buy Disclosure: Held