RXM rex minerals limited
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new EFS

  1. Chocomuncher
    250 Posts.
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    25/05/15
    12:58
    Post #: 15344772
    It seems like half the capital but half the production output as well? 70k copper previously now 39k? IRR isnt very good either 14% , so looks like the company will be carrying debt for a long time. Did cost (c1) go up? from1.3 to 1.61 - comparing 2013 to this announcement. I guess the stock is cheap for what it is but not very good results though.
    RXM Price at posting: 16.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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