RXM 0.00% 46.5¢ rex minerals limited

What is the true value of Rex?, page-84

  1. 835 Posts.
    lightbulb Created with Sketch. 368
    The best monitor for world recovery is Copper and as we get closer to overcoming this world pandemic and finding a vaccine you would expect a sizeable recovery in the price of the metal . Recently I heard that Pfizer are now very close to a reliable vaccine and it would be in the early part of the 4th quarter it could be ready to go so getting very close now . So your 30 to 40 cents might turn out to be a conservative figure . I can imagine once this virus has been officially beaten it will be like the end of World War 2 and there will be one heck of a party and the road to financial recovery can really begin . So Rex will play a big part of that party along with its Hillside Copper Mine .
 
watchlist Created with Sketch. Add RXM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.