RXM 1.11% 45.5¢ rex minerals limited

Ann: Rex announces successful completion of A$50m Placement, page-36

  1. 1,125 Posts.
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    I'm not worried at all Ynot, it's typical human reaction, people are like sheep, someone has been given a special deal so everyone thinks that's the value, but it is only the price on the day. In the future as each day passes and the prework on site gets closer, as drill results from the Hog comes in and more gold is proven than our asset appreciate. The traders aren't interested in the facts, they only see dilution and hence dump the shares, they'll be back. When all this has been approved and signed off we will have added $50million to our assets which is vital for the progress of the project, we now have a plan for the next 12+ months and the next 12 months will be exciting, these directors know what they are doing.
 
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