RXM 5.66% 28.0¢ rex minerals limited

It could mean a lot for things, but I'll try: We’ll assume of...

  1. 15,047 Posts.
    lightbulb Created with Sketch. 1280
    It could mean a lot for things, but I'll try:

    We’ll assume of the $850M to build the plant if 60% geared RXM needs $350 m of equity borrowing the rest.
    • But if they sell say 40% of the project to another party, RXM has only come up with $204M of equity, borrowing the rest for its 60% of $510m. Now RXM may get $338m for the 40% sold, being 40% of the NPV on the 10-year mine life and a really good deal for someone. It could raise the other $2 m from us by selling a few more shares.
    • Alternatively, it could sell 30% of the project to someone and do a streaming deal on the copper and gold to be produced for 10% of the project value and raise the balance of the equity it needs from us etc.
    • Or they could try to raise all the equity in the market.

    A structured process is a carefully considered way of evaluating a matrix of these alternatives in the market to get the best result (mix) for RXM shares.

    All IMVHO and it's a only an example you can put in nay numbers you care to.
    Last edited by arsenic: 15/12/22
 
watchlist Created with Sketch. Add RXM (ASX) to my watchlist
(20min delay)
Last
28.0¢
Change
0.015(5.66%)
Mkt cap ! $215.0M
Open High Low Value Volume
26.0¢ 28.0¢ 26.0¢ $308.3K 1.131M

Buyers (Bids)

No. Vol. Price($)
1 88138 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 299798 5
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
RXM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.