RXM 0.57% 44.3¢ rex minerals limited

❤️ potential Copper multi bagger, page-150

  1. 198 Posts.
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    what’s your estimate?and CAPEX?

    The best way it to compare a similar open pit copper project in Australia, like Little Eva by Copper Mountain Mining.
    Here is their estimate for their NI 43-101 technical report. If you read section 21 and 22 you will find that the Hillside estimates are not far off the mark. A little higher in some areas, a little lower in others. Little Eva has HPGR, lower strip, lower head grade and is in a remote location.

    So comparing the NI 43-101 from Little Eva tells me the numbers from Hillside 2020 Feasibility Study Update are in the right ball park. Other than that, I generally stay away from investing in industries I don't understand.

    untitled (cumtn.com)



 
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