RXM rex minerals limited

The Farmers Must be Happy Now

  1. 892 Posts.
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    Never was so much owed by so many to so few .Is a Winston Churchill quote can be be
    applied to the small band of Farmers on the YP that took up the fight against REX Minerals and have won .
    It is very sad that the Farmers allowed the project get this far where investors and long term holders
    ploughed in so much money. . I think the farmers waited and waited until the time
    was right then set about to punish everyone and hit REX as hard as possible.Well they have had their way , yes of course REX can
    still apply to mine at the sight but with very limited options. The initial mining option was profitable and the alternatives will see
    a conceptual rethink with copper values now too low to be profitable with other methods. I lost heavily as so many others have
    and I still think the farmers are a mean lot for letting it linger on for so long before they brought down the curtain.
    I have changed my option to Sell now and get back whatever I can salvage.
 
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