EXU 0.00% 17.0¢ explaurum limited

Are you for real? If it's voted down it doesn't happen. If it...

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  1. 76 Posts.
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    Are you for real? If it's voted down it doesn't happen. If it doesn't happen it's because RMS offer is significantly better. Which I seriously doubt is the case.

    In my opinion, if this offer is even close to being on par with the RMS offer, it will pass easily. The big difference being they aren't aggressively trying to remove 80% of EXU shareholder value.

    If they take a 10% stake it effectively blocks any hostile takeover attempt and allows EXU working capital to continue building a feasible project, at worse. At best they're funding Mace, but I doubt we're at that stage yet as we haven't even finished drilling it out.

    RMS is done, get over it.
 
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