EXU
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0.00% 17.0¢ explaurum limited

Ann: RMS:Ramelius announces improved best and final offer for EXU, page-24

  1. plough
    33,657 Posts.
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    13/12/18
    13:53
    Post #: 36847913
    True , but is Mace such a deal breaker for Ramelius , given trucking 5 gram a tonne Mace ore is 1/3 the cost per oz compared with trucking Tampa ore at a bit over 1 gram a tonne which Ramelius are talking about anyway in their latest offer .
    Also Ramelius could possibly make a concentrate of the ore on site with an ore sorter or by HMS , prior to shipping it to Edna May for CIL processing , personally think this is what they will do but are not admitting it in the announcement .
    EXU Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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