Suppose you were RXM and Nittetsu looking for a third partner....

Suppose you were RXM and Nittetsu looking for a third partner. You wanted to lock that group down but they knew you were close to out of cash and even if you weren't, you were raising some. It would be hard to lock in that price and % wouldn't it?

I think this gives RXM some clear air and comes back to us smaller retail holders for equity at a sharp price. I don't expect a huge amount of capital to be raised from retail holders post the announcement of financing details. That's why I'm happy enough to dip into my pocket for this one.

I acknowledge thats a glass-half-full view. However, I'm convinced there is going to be a copper shortage starting 2025 exacerbated by the difficulty in getting new mines going now.

All IMVHO.