Did I miss something? Did they not mention the enormous Elephant in the room? This deposit has been sidelined for years because they simply cant raise the financing.
Yes I think you have missed something. Reading the past Annual Reports, the approval process was held up for a few years with environmental permitting with the Government. They have Mach Energy as a shareholder means they are getting close to something. Mach Energy has a different risk profile to Australian companies as evident in their purchase of the Mt Pleasant mining lease of Rio Tinto and fast tracking development which has been an absolute windfall.
Ann: Corporate Presentation - Euroz Hartleys Rottnest Conference, page-18
Add RXM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
24.5¢ |
Change
-0.005(2.00%) |
Mkt cap ! $184.2M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 24.0¢ | $108.2K | 432.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 91927 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 85500 | 2 |
View Market Depth
| Last trade - 11.10am 14/05/2024 (20 minute delay) ? |
|
|||||
|
Last
24.5¢ |
Change
-0.005 ( 2.70 %) |
||||
| Open | High | Low | Volume | ||
| 25.5¢ | 25.5¢ | 24.0¢ | 156708 | ||
| Last updated 11.53am 14/05/2024 ? | |||||
| RXM (ASX) Chart |