RXM 2.27% 21.5¢ rex minerals limited

Was this ever a Project?

  1. 54 Posts.
    The Australian February 4th 2014. Mark Parry says," REX Minerals didn't want a Taj Mahal as an office, but did want an office with sufficient prestige to impress visitors from overseas who may invest or sign offtake agreements" What a moronic statement! RXM couldn't get investors with the DFS on the mine so they try to impress them with the office. Is this guy serious, no wonder the project is a flop. Did Mr Parry really think that people would invest $A2 billion because he had a Taj Mahal as an office? Did he really think that?

    The best thing so far for this project is that the CEO Parry (flake) has resigned. I hope all goes well with the new team and that shareholders get a real mining person in that can add value for all shareholders.
 
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