EXU 0.00% 17.0¢ explaurum limited

I agree, first results must be imminent (next week?!)... with...

  1. 20 Posts.
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    I agree, first results must be imminent (next week?!)... with culmination of a resource expected to be announced around August, strap in and enjoy the ride, next few months will be plump with news flow.

    The relatively tight capital structure/"sticky" money starting to prove beneficial. These guys have flown under the radar, for all the talk about new projects in WA, not many have the the infrastructure/proximity benefits of this project. Mgmt are targeting a straight forward, relatively high grade open pit of 650k-1moz @ 2g/pt +, if this is proven by current drilling, this is a laissez faire to be developed or taken out... With Edna May coming towards the end of it's mine life, Evolution would surely be keeping a close eye on activities.
 
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