EXU 0.00% 17.0¢ explaurum limited

Ann: RMS:Ramelius announces improved best and final offer for EXU, page-25

  1. 39,765 Posts.
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    Found your last sentence intriguing .

    Is an ore sorter going to be effective ...genuine question , not disputing .


    What RMS did say was .The results of the above due diligence indicated the Tampia resource (as re-estimated by Ramelius), was unlikely tofinancially support the immediate construction of a stand-alone processing facility without additional future exploration effortsand further technical studies, particularly around metallurgical recoveries......highlighting mine .

    I would have thought that extension and upgrading of Tampia or finding more ore on tenement almost certain so I saw RMS talk of trucking as a fallback position if all else fails .

    I think RMS won't be rushing into anything but evaluating the scale and grade of available ore so that the best possible option is chosen .

 
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