RXM rex minerals limited

Rex Minerals IPO

  1. 899 Posts.
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    Would you take up the shares if Rex Minerals put the
    following information in their prospectus.

    2007 Rex Minerals - IPO 28million shares @ 0.25
    A mine site with a JORC of 42mt copper
    Mining Company that has been granted Government consent to Develop a mine
    All regulations met and all criteria approved
    Estimated Project Revenue $4.3 billion
    Estimated work force of 500
    12 year plus mine life @35,000 t copper - 25,000 oz of gold
    - masses of iron ore reserves per annum
    Take up the shares at $0 .25 and immediately their value around $3.00 per share
    OK we either took up the shares on the original IPO or bought them on market for a
    a hefty price.
    Never mind you haven't missed the boat you can still buy all of the above for
    the last market price of $0.053 cents . Yes its a bargain if you are willing to
    join the rest of us waiting waiting waiting for something to happen.
 
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Currently unlisted public company.

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