RXM rex minerals limited
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  1. Horsetrader1
    5,227 Posts.
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    11/09/12
    17:43
    Post #: 10703399
    With the current market cap - getting funding will be the issue. I can see two possible scenarios

    a) RXM will do a JV where RXM holds 20% and the other party holds 80%. This way RXM funding of the 20% is possible or
    b) RXM puts a nice bow around the PFS and puts the "For Sale" sign at the company front door.

    I am happy to discuss alternative ideas, but currently cannot see any.

    HT1
    RXM Price at posting: 67.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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