I stand corrected, EXU board changed the ALK vote date to...

I stand corrected, EXU board changed the ALK vote date to exactly the same day as the RMS expiry date, with unsatisfactory excuses. EXU holders deserve better than bare face lies and amateurish games from their BOD.

In my view EXU should vote for the ALK money. Then RMS should waive the defeating condition and extend the offer deadline further. Then EXU should accept the offer to be part of a +200kpa producer making good margins and paying dividends.

Some posters seem to have concluded the RMS due diligence showed Tampia doesn't stack up, or there are trucking show stoppers, or there are issues with treating the ore at EM. I'm not sure, because the RMS offer still stands; I think the correct conclusion is RMS see's value at 4:1 but not higher.