RXM rex minerals limited

Sooner or later REX Management must realise that the price of...

  1. 899 Posts.
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    Sooner or later REX Management must realise that the price of Gold , Copper and Iron Ore have improved to the point
    were they should be considering to do some sums and start follow up action with some backers.
    Gold $1349.30USD/Convert AUD $$1801.90 and Copper $4919 USD/Convert AUD$6578.45 and Iron Ore
    $54.20 USD . So even if a contract was set up to Supply Local Markets it may still economical to do something positive .
    I guess the farmers are watching the Commodity Prices with interest as well and it wont be long before they
    dust their protest placards and stir up the locals once more . South Australia Government are the poorest of the poor
    and should encourage REX just like the pollies are propping up ARRIUM to keep it afloat. Interesting to review this
    situation if the Commodities keep improving.
 
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