Jay Posted April 5, 2011 Share Posted April 5, 2011 OUCH! Link to comment Share on other sites More sharing options...
wolverine Posted April 5, 2011 Share Posted April 5, 2011 Hey there Qld'er they will be flapping with the lawyers trying to work out what they can and can't say. Seems like there has been some discussion without a concrete agreement at this stage. All they need to do is release something cute like, we have had preliminary discussions that might OR might not lead to a material announcement. Until such time we are in compliance with ASX listing rules. Please note that we have previously released our intention to rationalise the way forward on CCP and have been open to discussions on a number of options with regard to progressing this project. Link to comment Share on other sites More sharing options...
wolverine Posted April 5, 2011 Share Posted April 5, 2011 Wordy buggers aren't they..... RE: PRESS SPECULATION CONCERNING EXCO The Company (ASX:EXS) notes speculation in the press this morning regarding an ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¹Ãƒƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“approach from an international bidderÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢ in respect of the Company. The Company wishes to clarify that it is not in discussions with any international entity with a view to that entity making a bid for the Company. The Company also notes that the speculation linked the ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¹Ãƒƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“approachÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢ to interest in the CompanyÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s Cloncurry Copper Project (CCP). As disclosed previously, the Company continues to pursue a number of options in relation to the development of the CCP. Whilst the Company continues to engage in discussions with a number of interested parties about those options, these discussions are indicative and/or incomplete and any conjecture about any such discussions or a resulting transaction is premature. At this stage, no binding arrangements have been entered into in relation to any proposed transaction. Accordingly, the Company can give no assurance that any transaction will eventuate from these discussions. The Company will continue to keep shareholders and the market informed. Link to comment Share on other sites More sharing options...
mjwk Posted April 5, 2011 Share Posted April 5, 2011 Hi wolvie, Wordy buggers, I like that . Its all done with smoke and mirrors!!! R/ MJ. Link to comment Share on other sites More sharing options...
Duster Posted April 5, 2011 Share Posted April 5, 2011 OUCH is right ! Link to comment Share on other sites More sharing options...
Jay Posted April 5, 2011 Share Posted April 5, 2011 its still 4 - 5 cents above where you got out....where there is smoke there is fire. just because they could not announce a deal today, doesn't mean they won't. Link to comment Share on other sites More sharing options...
Duster Posted April 5, 2011 Share Posted April 5, 2011 No one likes a smart arse J............. Just responding. btw, you didn't ask where the funds were deployed. Didn't say at any stage a deal wouldn't be done ......... IT WAS A TRADE ! Link to comment Share on other sites More sharing options...
coorg013 Posted April 6, 2011 Share Posted April 6, 2011 bought more, my greedy streak showing! Link to comment Share on other sites More sharing options...
Financial Chatter Posted April 6, 2011 Share Posted April 6, 2011 EXS directors must be absolutely ecstatic with the record gold prices. With the low cost that EXS & Poly are producing at, the profit margins and cash must be flowing like rivers of gold! I'm tipping that the previously stated $5m per month cash flow coming from White Dam is now way out of date. I am expecting a much higher figure. Link to comment Share on other sites More sharing options...
wolverine Posted April 6, 2011 Share Posted April 6, 2011 Same here FC. White Dam will be spewing cash faster than a teenager on his first bottle of tequila. Link to comment Share on other sites More sharing options...
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