RXM 0.00% 46.0¢ rex minerals limited

Ann: Rex announces A$50M Placement for Hillside pre-development, page-26

  1. 143 Posts.
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    how did you get to 2.5b? At 10PE that would mean that you are assuming their profit will be 250m pa? Don’t think that’s possible? Assuming aud10 copper per lb hey would have to sell 25m lb of copper a year just to produce that level of revenue let alone profits?
 
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