RXM 0.00% 44.0¢ rex minerals limited

A$20 billion dollars in ground metal value?, page-31

  1. 537 Posts.
    lightbulb Created with Sketch. 127
    Good situation report from Chestermate.

    But just remember that the 12 year mine life in the Hillside Extended Feasibility Study was developed with the over-riding premise of having A SMALLER START-UP FOOTPRINT. With both gold and copper over their price assumptions (and potentially rising further?) for the study they may well balance out a poorer exchange rate and a start-up soon become a reality?

    I go back to the original heading of this thread ...."A$20 billion dollars in ground metal value?".

    As the Rex Board and management are aware, the exploration potential is not only an expanded Hillside but other prospects within the currently held mining leases and the "A$20 billion dollars in ground metal value?" question MAY need serious updating in the future particularly for shareholders who are interested in the longer term - maybe even good dividends.

    My understanding is that Rex, with a PEPR under its belt, must almost be uniquely placed among competitors in that it will be mine ready, subject to finance. Please someone (hopefully including Rex management?), can you confirm this?

    Go Rex!
 
watchlist Created with Sketch. Add RXM (ASX) to my watchlist
(20min delay)
Last
44.0¢
Change
0.000(0.00%)
Mkt cap ! $337.8M
Open High Low Value Volume
44.0¢ 44.5¢ 43.5¢ $488.0K 1.109M

Buyers (Bids)

No. Vol. Price($)
4 159571 44.0¢
 

Sellers (Offers)

Price($) Vol. No.
44.5¢ 1546155 26
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
RXM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.