RXM 0.00% 46.5¢ rex minerals limited

Who is going to get a bargain!, page-924

  1. 7 Posts.
    Arsenic thanks for your response and no offence taken (hard to take any from an online forum where you can put whatever occupation you like in such as Cogitator) I have been in projects in minerals industry for 20+ years so know enough about them to have an opinion.

    Call it what you will finalized or not ... the vote is in October and I personally think it will stand up and Mach will get on with it (the road is starting and from what i hear there is some movement on the ground).

    On BHP in my opinion won't buy risk eg. explore/develop a greenfield job in the near future ... they will however study them to death. BHP will however pay a premium if needed for operation. If you believe the hype and they do get up the second smelter operational they will want concentrate and what better place to get it than up the road at Hillside.

    Mach Metals are way more aggressive when it comes to appetite for risk (Mt Pleasant as an example).
 
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