RXM 0.00% 44.0¢ rex minerals limited

Ann: Quarterly Activities and Cashflow Report, page-4

  1. 99 Posts.
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    Another complete nothing burger of a report.

    Actually I have learned a lot from these guys and how one can bluff their way through. At least they can move into politics at a later date; do precious little, pay themselves massively, outsource everything, show absolutely no shame in doing so, spend a vast portion of their time paving the way of zero accountability, ensuring that there is a nice blame chain in place for all actions.
    I thought that mining was entrepreneurial, with massive personal risk taking for the explorer and developer, instead I see that it is now about feather bedding one's own nest, issuing platitudes, and paper pushing. Not a personal risk in sight, not even having a house view on the copper price!!!! Leaving themselves someone to blame there also.

    So, interesting in fact to see what one can get away with, but imagine how ashamed a real entrepreneur would be if they were in charge of this! I'm ashamed and I'm just a minority shareholder.
 
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