RXM rex minerals limited

Ann: Rex commits to next phase of Hillside Copper-Gold Project, page-4

  1. 16,729 Posts.
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    I had it on a Cu price of $4.00/lb they have it at $3.92 plus sensitivity analysis (that lets others/analysts plug in what they like).
    The Au price is what helps them and the AUD/USD at 0.7 still allows room for movement. (Actually at the current 68c it's around another 2% IRR real).

    A fantastic project all things considered when you allow for the extra 12 years which is the message they are trying to give and will be picked up by corporate & financiers.

    All IMVHO
 
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