re: Ann: Letter to Shareholders - Hillsides M...
and after they messed things up with olympic dam and holden clearly don't have a viable business and need bailing out again, things don't look great for those south aussies.
i think state government will be jumping up and down to see those revenues, taxes and jobs from hillside come into the state. maybe the holden people can go and work in the mine!?
i really don't see an issue with government. in fact, i don't see an issue at all now. the company have been saying the same things regarding finance and off-take since 25c and all they have done is kept increasing the reserves and kept ticking the boxes.
they say there are multiple options for finance via off-take or JV. i believe them. probably why i keep buying more. this won't be under a dollar for much longer in my opinion.
RXM Price at posting:
59.0¢ Sentiment: Buy Disclosure: Held