RXM 0.98% 25.3¢ rex minerals limited

Value of resource, page-5

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    Underdev, i agree in regards to the Fe... I'm not sure that will be viable, depends on the method of extraction and processing cost. Previously they have quoted sub $40 to process- how true that is I'm not sure....

    Pilot plant work has shown that gold recoveries are quite reasonable at around 84% making it more than feasible to extract the gold. Copper recoveries @ 88% - but generally that will be improved to approx 90-92% once the bugs are ironed out of a processing plant.

    PS
    The question panjeta asked was not the answer you gave him, hence I added gold and iron into the equation.
 
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