We all know EXU is worth way more than this and only soft share price due to BFS period and weakness across the board. Offer is opportunistic to say the least. Tampia will throw off $50m per annum once operational and will end up going for way more than 7 years once the rest of the area has been drilled and the resource hits 1m oz.
Cheap offer, shows panic that Edna May may be running down and needs quick fix.
R (DYOR)
EXU Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held