I have worked in construction and mining for 25 years, i have seen some mineral processing plants built real quick and into production.
I would think, if we received finance say for instance this coming Monday 3/8, Rex would have trucks on site in 6 weeks or less to start pit development - As well to start site civil's and camp development.
I would hope in the last 2.5 years from PEPR submission, that finance has been sort and now Rex just need to complete formality's.
I believe the processing plant has been drawn up, costed, I hope construction contractors consulted and all is waiting for a sign off.
I would say 12 months or less to build a site this size - from start of construction to product sales.
Now is the time to build,
I cant see a CR on the horizon, i see finance- backing being raised.
What is the true value of Rex?, page-48
-
- There are more pages in this discussion • 67 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RXM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
45.5¢ |
Change
0.005(1.11%) |
Mkt cap ! $356.3M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.5¢ | 45.0¢ | $445.0K | 985.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 4963225 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 1163494 | 26 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| RXM (ASX) Chart |