Be interested to hear what RXM holders think about a possible merger of RXM and OZL.
OZL has a bunch of spare cash, 2 operating mines (Ankata and Prominent Hill) with 7-8 years life. One mine under development to come on line in 5 years.
RXM has the awesome hillside asset with a relatively short timeframe to get the operation up an running but no cash to do it.
Both have had SP hammered with REX coming off worse than OZ this last 2 years.
I think a merger would benefit both groups of shareholders. What do you guys think?
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