RXM 0.00% 46.5¢ rex minerals limited

If this is new information ( I can't be bothered researching)...

  1. 311 Posts.
    If this is new information ( I can't be bothered researching) should it not be disclosed to market..
    From one of the links......

    Canadian construction and engineering company SNC-Lavalin Group is working with NFC, or China Nonferrous Metal Industry’s Foreign Engineering and Construction Co, for a contract to build the Hillside copper project for Rex Minerals in Australia. SNC and NFC are competing against South Korea’s Hyundai, which has teamed up with AMEC Foster Wheeler for the contract.
    "There’s no doubt, financing will be part of that decision," Rex Minerals executive director Steven Olsen said.
    NFC and Hyundai declined to comment.
    Alternative forms of mine finance such as royalties, streaming and private equity, have blossomed in the past three years as metals prices fell and traditional banks and equity investors have shied away from the sector. Funds raised by the mining sector through traditional debt and equity issues slumped 26% year-on-year to $88.6bn last year, Thomson Reuters data showed — down 41% from 2011 when metal prices peaked.

    ASIC, hello, where are you...hello.
 
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