Vainglorious,
That is true but holds true to all copper projects not just RXM's hillside deposit. The return on capitol is whats key and the return will be very significant even factoring in low commodity prices.
Considering BHP have just spent $24 mill to buy 2658sq km of exploration rights in the Gawler craton (same craton as hillside). Shows that big company’s are still after these type of deposits even though the world economy is no good.
The thing i like most about REX's deposit apart from its size is its location what im sure BHP, OZL etc would be very envious of.
All IMO
the best undeveloped copper play in aus?, page-4
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