EXU 0.00% 17.0¢ explaurum limited

News: Explaurum Limited granted ASX trading halt, page-33

  1. 5,578 Posts.
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    I think we can compare it to BLK, although some unknowns like our ASIC,  and they have slightly bigger JORC right now, but we have more drilling to do, their stuff is a bit deeper, they have some other prospects as well.

    I still think it's decent comparison as they are on the verge of mining and we should be in the same ball park when we get to that next step. I think our operation is shaping up at least same level, if not abit better than theirs.

    They have a fully diluted $55 million market cap right now, so that would put us at 29 cents, if we can get to where they are, hopefully we can also have similar story and follow a similar path as them, they have gone from 4 cents to touch 26 cents as they march to production.

    Their most recent numbers are here check them out I think they are comparable, considering we have infill drilling and some other targets really close by.
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Currently unlisted public company.

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