EXS 0.00% 26.0¢ exco resources limited

takeover bid from sol & iva ..., page-36

  1. 1,082 Posts.
    all arm's length per the agreement. It will sort out any issues with the royalty. All good.

    SOL also will be more committed to buying our tier 2 resources to keep the mill going, which just generates more cash for Exco.

    I have no doubt SOL won't raise the offer this time around. IVA are already sellers, so why would they? They'll launch again down the track and we will keep getting results in the meantime.
 
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