RXM 2.97% 26.0¢ rex minerals limited

Renascor Resources is building a large graphite mine in SA with...

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    Renascor Resources is building a large graphite mine in SA with a similar timeframe to Rex. Its product will also be shipped to Asia via Port Adelaide. They have Major Project status, meaning state and federal governments are on side. Any improvements or upgrades at or near Port Adelaide will only advantage Rex. Government money would be more likely to be spent if there is at least two significant mining projects using the infrastructure. Their project is 5½ from Port Adelaide; halfway between Whyalla and Port Lincoln. Our 1¾ hour drive in comparison is much less.

    Regarding SFR's Motheo mine in Botswana, it's being designed and developed by ASX listed Lycopodium out of Perth. They are good operators and highly regarded. We'd do much worse than have them build Hillside.

    https://www.lycopodium.com/case-studies/motheo-copper-project/
 
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