Ann: RXM Equity Raising Investor Presentation, page-32

You've made a good Point YNI, but I guess the perspective of each one will depend on the entry point.

I guess you've seen the below graph in many other forums and other social media sites and I'm fully aware that RXM graph replicates exactly the one below.



The downtrend during the feasibility phase obey to the heaps of money required in order to complete the full assessment such as licenses, Drilling, labs, resources, etc. money that if not used wisely will evaporate in couple of years (it's lasted 4 for RXM).

During the discovery and feasibility period there is no income other than the CR.


Although I understand some of you entered into this stock during the downtrend, spare a couple of thoughts of what's about to come. The Status Quo will change dramatically once the PEPR is approved. That will be another story.

Irrespective if you are at loss here or you are making profit, a couple of thoughts:

1. Management was changed in 2015: Mark P resigned in Aug 2014 and Richard was appointed in Apr 2015. Lots of changes happened since then including a substantial change of scope in the project. This is his first CR as CEO.
2. The community was extremely sensible to this Project. RXM had to extend the Plan application to engage with the community and Environmental experts. Unsure if these extraordinary delays were initially considered, but it was a good job executed by RXM. As i have stated in other posts most of the detractors are now promoters.
3. With the market as HOT as it is now with Copper, once the approval is received, catch me if you can

All is my personal opinion obviously.