In the July presentation the PFS is due for completion in October 2012.
For long term followers of RXM - how have their time estimates been in the past? Accurate or optimistic?
The more I read about hillside the more I think it is ideal for OZL to put in cash via a JV or takeover - right state, right size resource and right time-to-mine with open cut.
I sold some LNC a few days ago and have topped up some RXM today to hold till PFS is released - hopefully will trigger a move by OZL. If not i dont think there will be too much downside from here with SP unless PFS has nasty surprises.
RXM seems to have had no benefit from higher copper prices....
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