RXM 7.69% 28.0¢ rex minerals limited

slide 6, anticipated funding closure now critical path for...

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    slide 6, anticipated funding closure now critical path for construction, is new info and I understand means delays to construction, and first production. this is a new message and I expect funding condition precedent is an equity partner to share the funding risk. Also extension of time to enable bidders to complete their due diligence is new info. Again, adding pressure to finding critical path. They didn't mention time for RXM (and Macquarie) also to undertake due diligence to make decision which equity partner to proceed with. I'll be happy if an equity partner and funding can be arranged and announced by end of the year.
    AIMO.
 
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