Chestermate,
I think the iron ore processing is likely to be dumped in the face of low iron ore prices, and the additional capital cost required to set it up.
It would be lovely if RXM management gave us some insight on what they are thinking. Very hard to hold this stock as the momentum towards a project has evaporated.
share price defies market, page-31
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Last
27.5¢ |
Change
0.010(3.77%) |
Mkt cap ! $211.1M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.5¢ | 26.5¢ | $214.7K | 794.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 825200 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 108591 | 6 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
27.3¢ |
Change
0.010 ( 2.75 %) |
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| Open | High | Low | Volume | ||
| 27.0¢ | 27.5¢ | 26.5¢ | 377793 | ||
| Last updated 15.57pm 21/05/2024 ? | |||||
| RXM (ASX) Chart |