Not a EXU holder, am a RMS holder. I wouldn't put too much...

Not a EXU holder, am a RMS holder. I wouldn't put too much weight on the use of "materially", a "material" effect could be as little as 5%.

Unless the Explaurum board was concerned that EXU holders would vote down the Alkane offer - and why would they, seeing it is at about a 50% premium and would see Explaurum largely through to FID for the Tampia project - then the only rational reason for delaying the vote on the Alkane deal is because they think EXU holders will approve the Alkane deal, effectively killing off the Ramelius takeover bid. In my view the Explaurum board actually want the Ramelius deal to go ahead but they are attempting to get Ramelius to improve on the straight 1:4 offer.