I inadvertently posted this on the wrong thread!!
Of likely interest to shareholders are two very recent reports on valuation of EXU. One by Hartleys for 15 c a share and one from Argonaut for 21 c a share. I think that it is clear that the RMS bid was opportunistic and the first salvo only, so we should just sit and wait for what plays out. Clearly Mace could quickly add to the resource base and the DFS will definitely shed some light of possible values. In addition to these short term catalysts we must also not forget the massive exploration upside with Anomaly 8 and other areas. You can fault or blame RMS for a low bid and pre-emptive offer. However, as the EXU Board says take no action and let's wait and see what happens next. My parting comment would be that if the Hartley's and Argonaut reports are close to the mark, then EXU is still a good buy at current prices.
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