RXM 0.00% 46.0¢ rex minerals limited

Ann: RXM Equity Raising Investor Presentation, page-132

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    Same could be said of plenty of projects who also need copper to be above US$3.50/lb , the longer its stays under and all these projects get delayed the greater the chance of a boom in copper prices in the years ahead.RXM Land and cash worth somewhere around $20m. Not far from market cap. No point selling now , would rather buy more at this point in the copper cycle with a boom in demand coming from green energy projects and electric vehicles .
 
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