Sept 07 IPO raise 28M @ .25 Market capital $7M From 2009 to 2014...

Sept 07 IPO raise 28M @ .25 Market capital $7M
From 2009 to 2014 Rex Minerals have had Capital Raisings totalling $194M
For the last 7 years shareholders have come forward to fund the Hillside Project and to support what Rex Minerals what they tout to be the biggest undeveloped open pit copper mine with massive resources and a mine life of 15 years with regional exploration potential to extend occupancy on the Yorke Peninsula beyond 15 years.
Current Staus :
April 2014 Share price $0.34 market capital $65.17M

Does the current share price and Market Capital look right to you as it does not appear to worry Management .
Constantly the share price drops on very low turnover and this is also a worry.
Management keep pushing back key dates . I think its about time that Rex Management should take the initiative and keep its shareholders and market more updated on its progress towards development and production.
When I think the share price cant go any lower it does.
I may sound a little pessemistic but alas I still have some hope for them.
To the question wether I am a pessimist or an optimist , I answer that my knowledge is pessimistic , but my willing and hoping are optimistic (Albert Schweitzer)