IMHO, Ivanhoe got what they wanted with the amount of divvies that we were going to get, thus reducing a hell of a lot of cash from our cash reserves, and then they bought (completed) the acquisition of 13 tenements that we (EXS) held in the Cloncurry area.
So, from what I can see, Ivanhoe is working us over very well and hard in order to finish the job on us very cheaply. IMO, it will happen, but not at the price that we would have liked. Please DYOR.
EXS Price at posting:
18.0¢ Sentiment: LT Buy Disclosure: Held
