Who is going to get a bargain!, page-181

Well the CSA mine is up and running, so doesn't need to build it's plant and mine (pre- strip etc). There are risks with that. But you're right to think the inherent value of Hillside, RXM's mine is several times what the market cap is, after development costs and payback of loans to do that.

We also think in gaining financing and building the mine, that gap will be closed somewhat. Also known as monetizing (turning into money) the asset. That's what we're here for. Specifically gathered in expectation.

When you say without the gold presumably you mean without the gold at the Hog in Nevada. The previous Feasisbiy Study for Hillside. Now begin updated and refined and due in around 1.5 months, envisage recovery of most of the gold as well as the copper there.

I think many of us think RXM is the best risk-reward proposition for a new Cu mine in Australia in line with GS JB Were.
Still, I shouldn't speak for others.

All IMVHO.