Iron ore price is very soft - thats going to hurt the BFS. Copper and Gold in AUD are pretty much in line with currency changes to AUD and still looking good for Aussie miners IMO.
With no finance RXM will likely decline steadily as they burn their remaining cash on useless consultants advice.
The consultants don't change what is in the ground and cannot change the global commodity market and are just milking the company for cash in that environment. Get rid of all consultants I reckon. When the time is right the project will get multiple funding offers.
Iron ore price is very soft - thats going to hurt the BFS....
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Last
46.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $360.3M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.3¢ | 46.0¢ | $39.29K | 85.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 8422672 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 9213626 | 57 |
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| Last trade - 13.59pm 13/09/2024 (20 minute delay) ? |
| RXM (ASX) Chart |