RXM 0.00% 46.0¢ rex minerals limited

signs epc and financing mou for hillside, page-34

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    I think the finance is not directly from NFC, but NFC facilitate to get the loan from Chinese Banks, it highly depends on economic viaribility of the project.
    MMC requires $1.7-1.85b Capex,
    But RXM probably only requires $900m

    TA perspective, RXM heads toward the gap 28c.
 
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