Soon?, page-21

In the continuing vein of hope for RXM most recently expressed by Nowclear and many others including myself above on 6/09/18, I add some of the rationale for me to maintain those hopes that were expressed.

Back in Nov '17 I posted (postulated perhaps?) A$20 billion dollars in ground metal value? and while there was some debate about recovery costs there was no argument about the $20 billion which was based on reports from RXM.
- sadly on current Cu price, the in ground metal value of RXM is now only $17 billion!!!!!!

One of the star performers in the metals explorers market is AUZ which has a current market capital of $175 million. AUZ is a little behind RXM in progress but is currently at near BFS stage for its Sconi mine (Ni,Co and Sc) with current estimates of an in ground metal value of $5 billion. Both AUZ and RXM have potential upsides for future exploration

Copper, nickel and cobalt are all expected to ride the wave of developing of Electric Vehicle and general battery markets and copper presumed to have better long term prospects with growing markets outside of EVs and declining resource potential. So a broad comparison between RXM and AUZ potential should be in the same ball park (even if it has to be a larger than the usual ball park used for such comparisons!).

Let's compare:
- Currently RXM has a market capital of $24 million with a $17 billion in ground metal value.
- Currently AUZ has a market capital of $175 million with a $5 billion in ground metal value.

The comparison above is a cause for my continued interest (and hope) in RXM.

But of course the realization of such hope is dependent on many things falling into line (Donald particularly?) and the Rex management driving our hopes into reality!

Food for thought anyone?