RXM 0.00% 44.0¢ rex minerals limited

It may not be the best time to talk about it but I see precious...

  1. 15,120 Posts.
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    It may not be the best time to talk about it but I see precious little money going into green fields exploration of copper and only marginally more for brownfield.

    I would have thought that with the Cu price jumping there would have been a rush of raisings to replenish coffers. To my knowledge, the only real one show did so getting it right FFM (FireFly) A1M (AIC Mines) and possibly NWC. I availed myself of (rewarded?) the latter two. If the Cu price now dips the whole trajectory is setting up for a very strong Cu price in future.

    I think RXM knew exactly what they were doing with the Right issue at 17c earlier. It's always much easier in hindsight of course.

    All IMVHO.
    Last edited by arsenic: 27/06/24
 
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