That doesn’t happen until the project is bankable along with the...

That doesn’t happen until the project is bankable along with the share issue for the other 5% JV interest.

If anything the independent expert report is saying that EXU is undervalued at this price level but there is a risk the price could fall further once the RMS offer is withdrawn.

Seems like a good top level to start a new accumulation strategy to me. Grabbed a small parcel today to start with. Esh