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clock Created with Sketch. 01/11/22
14:50
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Originally posted by peterbax:
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MMMM, interesting, Hillside looks to be feasible but is definitely not operating"Operational Readiness Team continues to work with its keyproviders, Ausenco and Thiess, as the Company progressesto a planned Final Investment Decision (FID)" , havent decided to invest yet !! "Cash & cash equivalent as at 30 September 2022 was$36.5M. The Company has sufficient funds to continue withits CY2022 work plans" havent seen any commitment or security for $34.2M yet, or even seen it mentioned signed a non-binding future operating all road works shall be completed prior to the commencement of on-site works Haven't finished the tender process
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Is there a potential issue with land acquisitions? The website says "Rex owns 1,327 hectares of freehold land (Project footprint) within the ML."final investment decision can be put off as long as possible, to reduce any unexpected risks.
