EXU 0.00% 17.0¢ explaurum limited

Mace is only the immediate "add". Remeber that the soil samples...

  1. 914 Posts.
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    Mace is only the immediate "add". Remeber that the soil samples taken where the mag survey indicated 'red hot blobs' all but one showed soil sample confirmations (in the ppb Au). Drilling might result in a number of new deposits (and RMS are not dumb, they just want the upside for nothing), in which case A$120m CAPEX might not seem so daunting. Time to get on with it Graeme, as funding costs are not going to be as cheap as they are now; & (ii) gold price direction in A$ is looking like a 40% margin (over estimated average ore ASIC)!. Looks to me RMS left this tilt a few months too late, but a "manana" attitude will cost the EXU faithfull, so make sure that you hit that Mace JORC leadline. Time to get on the phones!.
    Last edited by Lithos: 26/10/18
 
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