Since that time they have doubled their ore reserves and still have not drilled the whole site at depth, and if you look at their mine life estimate it still says 15 + years and not just 15 years. REX have a lot of hoops to jump through to satisfy local council and it will take time but I am still confident that they can deliver.It usually takes 45 days for community consultation to finish so hopefully we may hear something before Christmas but given how local councils can pump themselves up with self importance I wouldn't be holding my breath!
RXM Price at posting:
36.5¢ Sentiment: Hold Disclosure: Held
