As far as "farmers going quietly" is concerned, all I can say that I think you are way out of touch with rural Australia. If the droughts/floods were not bad enough then the high Aussie dollar is going to screw them even futher. IMHO not only do I believe the farmers will go quietly but I will bet they are lining up to any offer they can get.
Now to totally reassure everyone on this, when you have a project that is potenially the biggest Copper mine in Australia, has full State govt. approval in one of the poorest states with the highest unempoyment, I do not think one or two farmers will get in the way. For very long anyway ;-)
I too watched Rex for a long time before I bought in and took a lot of convincing. But I sure I am glad I have now.
:-)
This is not a flash in the pan $2.50 stock. It will be here for a long time and is only going to increse in value. And it's not just me that believes this as it was 3 times over subscribed in in it's recent cap raising.
This cap raising will more than adequately ensure the company's success at Hillside.
*DYOR my oppinions only*
land holdings, page-2
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Last
26.0¢ |
Change
0.008(2.97%) |
Mkt cap ! $199.6M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.0¢ | 25.5¢ | $100.8K | 391.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 26.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 275051 | 5 |
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