RXM 3.85% 27.0¢ rex minerals limited

Anna Gulubova's prediction on Copper, page-10

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    Watch the latest presentation. The Feasibility numbers are being recalculated for both Stage 1 & 2 (combined) which will give a much better NPV value to -

    (a) give us a stronger share price
    (b) put us in a stronger place in negotiations with JV partners and banks for finance
    (c) Put us in a stronger place when negotiating with smelters.

    It is expected to be out in June. It will use higher prices for copper and gold which will be very positive on the NPV and will alter the reserve figures and the open pit design (and mine life). So keep your knickers on. Just be patient.
 
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