I looked at the presentation and there are a few gems in...

I looked at the presentation and there are a few gems in there.

Firstly it looks like the new board that has been assembled is what is needed to get this Hillside Project going. You don't get those types of industry heavy weights unless they are going to make it work because they aren't going to associate themselves with Rex if they didn't believe in the story.

Slide 7 is very interesting. They are now talking about other IOCG targets on the Yorke Pennisula such as YP13 and YP14 of a style comparable to Prominent Hill and Carapeteena. That's new to me. Then on slide 11 he points to stage 2 pit cut and said when copper is north of $3 then "ooh stage 2 another 15 years awesome". Well copper has been north of $4 for some time now so if you believe what Richard is saying they are already thinking stage 2. Then the light blue underground design with arrows going down from 800m means its got plenty of life after that so this is really shaping up to be a big system and a big regional play.