Ann: Right to buy out remaining holders, page-28

Look up my post on 13/8 (it has 12 likes to help you find it) on the RRP forums.

The value of Realm consists of 2 parts
1) cash in the bank
2) the Foxleigh coal mine assets.

Demand that a new Independent Expert Report is not commissioned until the site wide JORC update is released to the market.

This impacts the value of the Foxleigh coal mine assets.

Realm announced to the ASX (on 1/2, 16/4 and 31/5) that the site wide updated JORC would be released in the 1st half of 2018.

On 18/7 they advised it was due in Q3, but we are still yet to see it.

Point out that what the Board, and particularly Chairman Gordon Galt, say cannot be trusted.

Look at what they said, and how many times they said,

- EGM would be held (eventually happened, over 6 months later than first advised)
- Capital Raise promised (never happened)
- Re-listing promised (never happened)
- Updated site wide JORC promised (promised 4 times, yet to be delivered and already 2 months late on first guidance)

T2 have no input in to what goes in to a new independent expert report.

Today's announcement confirms there is no new, increased offer (see points 5 and 6).

If holders who control 10% of the shares send back a rejection form the this goes to court, unless a new offer is made that is too hard to refuse. That means around 935,000 shares.
Should be easy to achieve.
M Resources (number 3 shareholder) has this on his own.
I know 4 of the top 20 post on here, and their shares alone gets us close to that figure.

My updated valuation (mid July) was $1.79 to $2.08 per share, pre any JORC update.

A JORC update could increase this considerably, depending what is in it.

Demand to ASIC that they stand up for, and protect the interest of minority shareholders.