RXM 0.00% 25.0¢ rex minerals limited

Who is going to get a bargain!, page-164

  1. 15,042 Posts.
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    Carrying the thoughts forward from the discussion on Theiss being used to help Pre and post DFS:
    1. it gives me tremendous confidence that the mine will indeed go ahead. Why would Theiss commit to forwarding their personnel and resources other wise?
    2. Look a Theiss's contracts, they work on they are all big. They don't want small crappy projects.
    3. At present because of Li etc. Mine builders and contractors can pick and choose on projects. Look a the the SP trajectory of Lycopodium, Perenti (I hold), GR Engineering and Maca (under T/O).

    I said a lot of these things before a few moths ago when the announcement was made. I'm repeating them because the opportunity has arise and people ( investors?/ speculators) seem to be flagging and it's a bit more of A pressure cooker re- Global economics and hence the Cu price.

    If I turn it around (and per Point 1). Just imagine if I have clear line of sight on an investment when others are panicking. I do just what Mal has done. Look to hit it out of the park. Like a rank long hop. Of course I can't go crazy (and get bowled) but I see it as half way to a free hit of a no- ball.

    Please DYOR and don't take this as advice.

    All IMVHO.
    Last edited by arsenic: 18/10/22
 
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