EXU 0.00% 17.0¢ explaurum limited

Ann: RMS: Supplementary Bidder's Statement -Takeover Offer for EX, page-6

  1. 2,794 Posts.
    lightbulb Created with Sketch. 583
    anyone able to summarise?
    Ramelius has 3 mines , all three generating free cashflow of $100million pa for the next 2.5 years as a minimum plus numerous options to extend the mine life and profits at its Edna May mine .
    Explauraum ....Due to the inherently risky nature of the Group’s activities, the Directors are unable to comment on the likely results or success of these strategies. The Group’s activities are also subject to numerous risks, mostly outside the Board’s and management’s control [extract from 2018 Explauraum Statutory Accounts ]
 
watchlist Created with Sketch. Add EXU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.