RXM 1.92% 26.5¢ rex minerals limited

Where will they get the $ to d that though? they've spent a few...

  1. 142 Posts.
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    Where will they get the $ to d that though? they've spent a few hundred mil just to progress the SA project to PEPR stage. Who is going to give them a few more hundred for the USA project? And if they do get the funds, how much will the existing shareholders be diluted? at 10c per share, they would have to issue 100 million new shares just to repay the directors' loan. That's 1/3rd of all shares currently on issue!
 
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