RXM 1.11% 45.5¢ rex minerals limited

VIDEO: Rex Minerals Richard Laufmann interview with TMH, page-2

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    I note Richard was fairly conservative on the potential for Hillside bringing new life to the Copper Coast of South Australia:
    • with Adelaide a 2 hour commute away the workforce will surely seek to live in Peninsula towns

    With the doubling of reserves and the mine life extending to 30 years, Hillside can now potentially offer near lifetime employment to its 500 employees:
    • with the multiplier effect this translates to over 1300 jobs to the local and regional economy
    • and a doubling of royalty revenue paid to the SA Government to over $300M.

    Can't understand why the SA and Local Governments aren't pushing hard for Hillside to start up!
 
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