RXM 0.00% 44.0¢ rex minerals limited

A$20 billion dollars in ground metal value?, page-30

  1. 820 Posts.
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    Once the PEPR is delivered this document will be beneficial to the Yorke Peninsula Community in protecting their rights , concerns , interests and futures and for Rex Minerals the green light to develop the Hillside Project without further delay. Once
    the SA Government rubber stamp this document the next step will be to check the current copper and gold prices and the long term forecast to sustain a successful 12 year mine life .The Copper and gold outlook in the long term is very healthy and robust now. In the quiter times over the last 3 years the board would not have been sitting on there hands all this time and I feel that they would have a number of developers and contacts on their shortlist to fund the project that they could call upon at short notice. So lets hope that the PEPR is issued shortly and maybe a minor problem is that a bond will have to be lodged with the Government for Rehabilitation Costs . Not sure if that is cash up front or a bond over the the life of the project.
    The share price over the last couple of days is looking much healthier in anticipation of very good news going forward now .
 
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