I have to say Pints I can understand your post and the...

First 3 Last

Share
Profile

Follow
rhart3

1,071 Posts.

170

15/12/18

20:15

Post #: 36871393
Share

Originally posted by pints ↑

Much to my obvious disappointment, it seems that RMS have played the game well enough to steal the EXU project.

The capitulation by major shareholders seems to have hammered the final nail into the coffin of EXU as a stand alone project!

Had EXU been left alone, there is no doubt in my mind that we would have seen the sp eventually up around the current levels of RMS. I believe it would have been easier to get EXU to 30-50c+, rather than RMS showing anywhere near such multiples !

Nevertheless, it now appears all over and we look likely to be stuck with RMS which will have certain timing advantages, but far greater AISC's over their entire mining operations.

We have to hope that RMS as a company can best utilise the potential that Tampia etc has. It's just a crying shame that the full potential most certainly has been lost.

Obviously, I will be interested in the way forward not just with Tampia, but also Mace; A8 and other deposits yet to be identified and exploited. Fingers crossed.

I have been involved in this for many years and it's a disappointing end. However, being somewhat of an optimist, one door closes and hopefully another has opened for future growth and prosperity, albeit, less so that I believe could have been achieved!

I will hold RMS in the hope for a bight(but not brilliant) future.
GLTAH.

Expand

I have to say Pints I can understand your post and the disappointment after following EXU for so long. I am now a holder of EXU but have been a long term RMS holder too and I am absolutely certain that in the future you will be very relieved to find that RMS will prove to be a very practical and competent developer of the EXU resource. I am relieved at your change of heart because with the holding I have I have been very concerned about the ongoing viability of EXU without acceptance of the RMS offer. Good luck with hopefully our ongoing shared RMS holding

EXU Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply