EXU 0.00% 17.0¢ explaurum limited

It is going to be difficult for them, since according to their...

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    It is going to be difficult for them, since according to their own expert report they can not easily say the offer is not fair and RMS have also answered a lot of questions about it being reasonable.  If they advice something that later proves to be against shareholder interests they are open to litigation, yet if they support it then they have to pay out an extra $400k apparently. 


    This leaves recommending against it based on other reasons, such as potential in development and exploration prospects, but I would think that would mean discussing risks there and they have not been able to provide evidence of value there, or funding prospects or BFS or anything to help.  Not so much to be critical here but I think it is a genuinely difficult decision for them to justify either way given their previous statements.
 
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