RXM 7.69% 28.0¢ rex minerals limited

I feel sometime after Easter, by around the end of April, would...

  1. 15,025 Posts.
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    I feel sometime after Easter, by around the end of April, would be a suitable time for RXM to announce it's metal streaming deal. Based on :
    • They've said the whole funding will be done by mid year.
    • Streaming likely to precede JV setting concrete basis for it ( conditions and prices0.
    • May is is often a poor time for markets . the old saying "sell in May and go away" (based on the fact a number of International traders go on holidays and the B team goes on the ball). April, however, is traditionally the best month for values.
    • June is messy for Retail holders given "CGT tax selling". Mgt may not care/give that a high priority.

    Just my thoughts likely incorporating cognitive bias due to my aspect as retail holder.

    All IMVHO.
    Last edited by arsenic: 04/04/23
 
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