EXU 0.00% 17.0¢ explaurum limited

Maybe the logistical problem of moving 4000TPD over 120kms of WA...

  1. 278 Posts.
    lightbulb Created with Sketch. 44
    Maybe the logistical problem of moving 4000TPD over 120kms of WA country roads maybe a bigger issue than RMS have considered.

    On the alternative side of the coin have EXU done enough work to be confident that there is water close to the potential plant site,pumping saline water over a few wheat paddocks is not something that is done easily

    This has a fair way to travel yet and I will sit with my EXU shares until something logical comes forward
    a)a higher price from RMS
    or
    b)a bid from the Gold Road associates who have the ground nearby
 
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.