RXM 1.11% 45.5¢ rex minerals limited

What is the true value of Rex?, page-94

  1. 736 Posts.
    lightbulb Created with Sketch. 86
    I Guess the market looks upon it as great you guys have a resource covered by 50Mt of dirt but where are you getting the money from to dig it out and process it (and rightly so). Last look we had enough for a 6 pack of coopers mild in the bank so risk is still apparent. Right now we are not a 900 million dollar enterprise (which we would need to be to be back at prior levels).
 
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