Ann: Rex commits to next phase of Hillside Copper-Gold Project, page-6

Has anyone been keeping count of how many studies have been completed on this project? I hope RXM's office has strong foundations!

Took a bit of time checking the ASX over the last 10 years there appears to be 7 studies since discovery:

27/07/2011 Conceptual Study
31/10/2012 Pre-Feasibilty Study
28/06/2013 Update PFS
25/05/2015 Extended Feasibilty Study (Stage 1)
31/07/2020 EFS Costing Update
20/07/2021 Pre-Feasibility Study (Stage 2)
14/12/2022 Optimised Feasibility and Definition Phase Engineering Study

Most companies would have at least 4. Concept, Pre Feas, Feas, Engineering. But most companies these days add in an optimised part between the feasibility and engineering because there's a new BOD who demand a better outcome so at least 5 studies these days. And if the granting of environmental approvals drag on there the BOD generally demands an update of costs prior to FID.