RXM 0.00% 46.5¢ rex minerals limited

Chart, page-56

  1. 1,685 Posts.
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    Interesting, my other Cu exposure targeting the one Cu mine development in Aus which is ahead of Hillside, KGL, which are on target to start building their Jervois Cu mine later this year, had presentation today and well worth the read from Hillside perspective, just looking at the precise detail and scheduling of all the steps over the coming months to get the mine into production. Nice comparison for Hillside. Interesting to note KGL don't appear to be worried about funding.

    I'm starting to think the opportunity at Hog ranch is a complication for funders given the need for absolute focus at Hillside to gain backing. That said, I'm super excited as what might be coming from up coming drill results at Hog Ranch and I'm sure the RXM team will be wanting to spin this off. I'm also sure they must be running a heck of a juggling act trying to work out priorities and timing with two exceptionally good projects in play. My guess is they won't be getting much sleep until we see these Hog ranch results. The only problem then will be if the next step for even greater value creation is more drilling at Hog ranch. This will put Hillside on ice for longer. But then again, the results would have to be pretty fantastic to do this! Best case Bonanza, worst case we get Hillside built faster and restart exploration on Aus tenements. Can't say I'm going to be crying in my beer either way. AIMHO DYOR
 
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