Something to think about in light of the many self funded...

Something to think about in light of the many self funded retirees out there .
Like myself I did take a cash lump sum payout from my superannuation fund and placed it with
a bank on one of their term deposits at a rate of around 3.75% now 2.5% until some worth while investment presented itself .
A bad move on my part considering the Reserve Bank may now cut the rate to 1.75%.
It is possible that Rex Minerals could be Developed by the many self funded retirees out their who have been overlooked
by the government in their retirement where their capital is eroding also.. They are no burden on the Social Security set up
but their hard earned is quickly diminishing due to the current interest rates. Where is this leading. What is wrong with this
I would be interested in your comments. Rex issues term deposits for a period of 1 to 5 years with applications in parcels of $5000 , $25,000 ,$50,000 , and $100,000 at rates varying from 4% to 6% or higher or cumulative term deposits at $200,000 @ 5% over 5 years
which would return $255,256.00 . The $48 million that is required for commencing development would not be a problem at all.
I am sure many pensioners would entertain an investment like this especially if the South Australian Government supports the issue .
Just a thought that Rex could work on or improve on in there spare time .





If the Commodity market picks up to a reasonable profit margin then the green light could be given to try
something like this .