CAPITAL MARKETS

Exco heads for China

EXCO Resources has become the latest Australian resources junior to become interested in Chinese opportunities, setting up a subsidiary company in Beijing that is being managed by director Alastair Hood and his consultancy Bluespire.

Michael Quinn
Exco heads for China

Bluespire is being paid $72.000 per annum by Exco for providing the services of Hood and a Chinese consultant, as well as a profit share equal to 5% of the net gain in the value of Exco Beijing over the...

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