until they are they are wound up
Explaurum will very definitely not be wound up !!
The remaining EXU shareholders will be receiving soon a compulsory acquisition notice and after that a cheque in the mail for their EXU shareholding multiplied by 2 cents plus a holding statement for their RMS shares .
Ramelius gets to own 100% of Explaurum ...its tenements, mining permits, debts , cash ..and its tax losses.
Ramelius can supply goods and services to its wholly owned subsidiary for a ( decent) fraction of usual commercial prices but most importantly can start searching out financing options for third parties ( banks, metal streaming providers, super/pension funds) who will be tempted by the high tax free cashflows emanating from Explaurum. Explaurum can write hedge fund contracts- supported by Ramelius if necessary- to lock in margins into 2020 and 2021 sufficient to underwrite an exploration programme to prove up the feasibility of a stand alone mill to service Tampia and the nearby Holleton tenements .
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until they are they are wound up Explaurum will very definitely...
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Last
$1.98 |
Change
0.030(1.54%) |
Mkt cap ! $2.514B |
Open | High | Low | Value | Volume |
$2.01 | $2.02 | $1.96 | $6.338M | 3.200M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 55455 | $1.98 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.99 | 32563 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.865 |
3 | 71945 | 0.860 |
3 | 105645 | 0.855 |
8 | 349115 | 0.850 |
4 | 149449 | 0.845 |
Price($) | Vol. | No. |
---|---|---|
0.875 | 160614 | 9 |
0.880 | 267895 | 10 |
0.885 | 101645 | 5 |
0.890 | 131357 | 7 |
0.895 | 70000 | 2 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
RMS (ASX) Chart |