RXM 0.00% 44.0¢ rex minerals limited

Ann: Hillside drilling update , page-19

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    I'm no Geo I'm afraid. Another 50% is possible from $1.4 IMO in the very short term. The market cap is over $90m now so caution should remain at this point but it's up to the brokers here, and I saw a few bob up last week IMO. Eg, If she spills over $1.8, I'll take a few off the table but they do have enough cash to keep on going hard for some time.

    Hopefully, September will come up with the goods and any future monies will be raised at higher prices which will keep the registry tight. 10m shares allotted at $1.9 would be nice - you never know.
 
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