EXU 0.00% 17.0¢ explaurum limited

I thought I was clear. The money from Alkane is just a stopgap....

  1. 1,071 Posts.
    lightbulb Created with Sketch. 170
    I thought I was clear. The money from Alkane is just a stopgap. To get from where EXU is to being a cash flow positive producer will take more time and cash and they have admitted lots more costly drilling. The Board are taking their fees constantly. They will have another cash flow crisis and a capital raising to mates and brokers at a discount.
    Welcome to the crooked stockmarket.
    In these uncertain times when I have a LOT !! of money invested I can't afford that luxury. Surely it's obvious I want to protect my money and I can tell you clearly that the RMS path will make a lot of money the Alkane alternative is like chucking your money in the air and hoping for the best. Everyone has to be aware that for the RMS offer to succeed they must actively vote the Alkane deal down.
 
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.