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17.0¢ explaurum limited

True, no detailed plan from RMS, they must have a fairly good...

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369 Posts.

69

03/12/18

21:17

Post #: 36735955
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Originally posted by timmayd ↑

The holders of EXU know the path that we're going down in terms of going it alone, future exploration, funding and building a plant.

RMS after doing due diligence hasn't stipulated what their intention is with EXU if we were all to accept and reject the ALK offer. I cannot see why we'd accept under the current proposal without further information. The notion of a divvy is somewhat appealing but as we know EXU requires significant capital input so in the event of a successful takeover the divvy would be cut again. Though, it is good to see that they're looking after their own holders!

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True, no detailed plan from RMS, they must have a fairly good idea from their DD.

Obviously though, they will mine it, in the most profitable way whether trucking or standalone; probably sooner than EXU could do it.

EXU Price at posting: 8.5¢ Sentiment: None Disclosure: Not Held
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