if it takes 12mths on average to build the mine, we should multiply that timetable by 2 to account for the fact that everything is slower here in South Australia. On the bright side, we are pretty much covid free unlike the Vics.
jokes aside. I don’t see who would lend them $500+ mil? Banks won’t touch it because it’s too risky, can go the bond market because Rex probably has lowest possible credit rating. It has to be either CR, JV or a take over imo.
What is the true value of Rex?, page-50
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46.0¢ |
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Mkt cap ! $360.3M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.5¢ | 46.0¢ | $380.4K | 826.7K |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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| 46.5¢ | 13906852 | 62 |
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