RXM
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0.00% 46.5¢ rex minerals limited

Chart, page-6

  1. Squadger
    1,104 Posts.
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    21/04/21
    13:59
    Post #: 52621989
    We have already seen posts of $1100 /tonne (498/lb) in 12 months and also from Blumberg an optimistic 5 yr price of $15000 ($680/lb). Gold is $1782 at the moment.
    https://hotcopper.com.au/data/attachments/3110/3110668-efde73bc9ff6c8ae1962e8776f31aded.jpg
    The chart shows a new ProRealTime intermediate support at 29 cents so this will curb my ongoing top up hopes, but still a very good buy (IMHO.)
    I don't know who is buying but the daily turnover is very good suggesting not just retail buyers involved.

    RXM Price at posting: 32.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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