“RMS has stated they will use the defeating option to return the...

“RMS has stated they will use the defeating option to return the EXU shares should the ALK proposal be approved, which seems likely IMO.”

We have heard a lot from RMS holders about EXU shares being returned should the ALK proposal being approved and the defeating condition triggered but can you please point us exactly to where RMS says shares will be returned. They currently have a 4,96% relevant holding in EXU. Please explain how this return of shares works after EXU holders have accepted RMS’s offer. Seems very strange to me that you can have offer and acceptance under a contract and walk away from the commitment after a person has accepted.

I wouldn’t want to hold RMS in any respect so wouldn’t sell my EXU into the offer (which currently remains open) as I think the lack of higher grade ore being processed at EM during this quarter is going to show up as a miss on their guidance and the share price will get punished on that result. I’ll get RMS in the mid to low 30cents range early next year, if I even want them then. Good luck with that horse.Esh