RXM 0.00% 44.0¢ rex minerals limited

Ann: CEO's AGM Presentation to Shareholders, page-5

  1. 143 Posts.
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    the way these guys mismanaging our cash makes me sick. When they asked for my money in June last year they said they will use it to update the funds to update the EFS (due in August 2018) explore Chinese feasibility study (due oct 2018), explore mobile fleet option (due September 2018). It’s now November 2019. The funds are basically used up and I’ve heard jack s**t about any of those 3 things that they were supposedly going to use my money for. The fact that they keep getting away with talking s**t and not delivering makes me certain that this project will just bail when they leach the last $ out of the shareholders. Then someone else will scoop in and take over the company at less than 1c per share. Just my view.
 
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