RXM rex minerals limited

Ann: PFS reveals Australia's largest undevelo, page-9

  1. 9 Posts.
    re: Ann: PFS reveals Australia's largest ... I am really at a loss to see how this market cap is so low. Taking out their cash, they have a tiny EV for a company with such a strong feasibility study.

    Obviously the financing is a key risk, but even so surely with their Cu grades and the fact they are moving towards production means they deserve an EV in the vicinity of $250m-$300m pre-finance.

    I am pretty new to this stock. Can anyone shed some light on why we are where we are? Have there been big holders selling?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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