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RXM

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3.77%

27.5¢ rex minerals limited

Ann: New high-grade discovery at Hog Ranch's Krista Project, page-88

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panjeta

297 Posts.

5

19/02/21

18:44

Post #: 51168535
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Originally posted by dhc.mvltd: ↑

It would be hard to argue that the current price reflect poorly on managements ability to promote the story and make more traction. We are slow on progress on drilling results and slow on progress at Hillside. After all these years waiting for approvals to be moving so slowly is not going to help stakeholders. We need to see some serious ramp up on progress or roll some heads to get a team in who can actually build a mine and operated it profitably, better still somebody step in and buy out RXM at it's penny dreadful status. Still love the resource and believe in the value of location proximity to ports and infrastructure for Hillside and Hog Ranch could yet be a bonanza, just don't have confidence in the team to build and operate a mine. Will continue to accumulate on weakness believing that in a stable country a good resource will always find its way out of the ground!

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Copper price is about to touch 4/lb and the share price is going backwardly - its about time for management to lead. If they do believe in RXM, they should start buying little bit with with their own money, instead of asking holders for freebies all the time

RXM Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 27.5¢		Change 0.010(3.77%)		Mkt cap ! $211.1M

Open	High	Low	Value	Volume
26.5¢	27.5¢	26.5¢	$214.7K	794.6K

Buyers (Bids)

No.	Vol.	Price($)
12	825200	26.5¢

Sellers (Offers)

Price($)	Vol.	No.
27.5¢	108591	6

View Market Depth

No.	Vol.	Price($)
12	825200	0.265
5	1278079	0.260
2	73000	0.255
9	123572	0.250
1	44000	0.245

Price($)	Vol.	No.
0.275	108591	6
0.280	195286	8
0.285	1900	1
0.290	94539	5
0.295	83148	4

Last trade - 16.10pm 21/05/2024 (20 minute delay)


Last 27.3¢			Change 0.010 ( 2.75 %)
Open	High		Low	Volume
27.0¢	27.5¢		26.5¢	377793
Last updated 15.57pm 21/05/2024 ?

RXM (ASX) Chart

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