EXU 0.00% 17.0¢ explaurum limited

I agree that there have been a number of promises about...

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  1. 1,684 Posts.
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    I agree that there have been a number of promises about releasing a Mace Resource that have not come to anything and that EXU clearly want to prevent a RMS takeover (at least on current terms).


    The General Meeting had to be postoponed for a Mace announcemrtent to be released so that shareholders could make an informed decision about the RMS offer vs the Alkane placement. This actually implies, given the Directors are not supportive of the current RMS bid, that the Mace result will be very good.If the results are average (Mace + enhanced economics of the project) I will definitely be accepting the RMS offer and I suspect that I will not be alone as the RMS bid is well in the money. If Mace is a big game changer the EXU share price will probably jump materially.


    Not long to wait- we will all know tomorrow.




    Last edited by smartdude: 06/12/18
 
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