As an EXU shareholder, I support the concept of joining with RMS to release synergy benefits. However,
I just think the current offer is too low. It's fine for RMS to say EXU was trading at just 7.4 cents pre offer,
however it was also trading at $0.13 in April 2018, and this was before the Mace discovery. I don't expect financing
to be a major issue (high grade deposit, relatively low production cost per ounce, addition of Mace new cheap
ounces etc), however working with RMS will make it much easier......just offer us a reasonable price! On that note,
the last sentence in RMS Response to Target Statement today clearly indicated that they are prepared to negotiate.
I look forward to a sweetened offer!
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Ann: RMS: Response to EXU Target's Statement, page-34
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