With the RXM PFS now out and ticking all the boxes will TB still...

With the RXM PFS now out and ticking all the boxes will TB still refuse to use the M&A kitty.

The figures are compelling -

70,000 tpa of copper (ozl m&a criteria- 50,000-150,000tpa)

50,000 ounces of gold PA

Safe known environment (ozl m&a criteria- low to medium risk countries)

Open pit

15 year mine life and growing.

$250mill before tax PA

Transport costs reduced with the concentrate moved to port via a slurry

$680mill for processing plant and surface infrastructure.

$1.20 cash costs after by product credits.

Will TB refuse to run the ruler over this bargain and see it go to production like SFR.

Earn your huge wage TB and snap RXM up before someone else does.