RXM rex minerals limited

no overly negative

  1. 1,708 Posts.
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    Like this resource and access to coastal infrastructure. This project will always rate over others due to this fact alone. Disappointing to see the delays which puts pressure on funds, but if you look at this another way, its all about getting reality to numbers taking out unnecessary contingencies and maximizing understanding of costs and returns. This next step in gaining funding is going to be very costly in dilution IMHO and therefore anything that can be done to maximize our negotiating position prior to putting ink on paper is worth doing. Nothing of this size, with foreign interests, ever goes on time or exactly to plan. However, having suitors sets this project apart from many others round the globe. GLTA.
 
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