I think RXM is a long term hold for the reasons that we all know location,ports,water etc etc.
But the thing that sells it to me the most is this !
Since 2011
PNA down around 120%
SFR down around 45%
RXM down around 400% and in a far better position than it was in 2011 not to mention that it looks like this mine will get up, and looking at the size of the claim there must be a huge amount of area that is yet to be drilled.
My opinion only and I may well be wrong but that's my take on it !
I think RXM is a long term hold for the reasons that we all know...
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Last
44.5¢ |
Change
0.005(1.14%) |
Mkt cap ! $346.7M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 44.5¢ | 44.0¢ | $3.695M | 8.338M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 953676 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 2948788 | 49 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| RXM (ASX) Chart |