Cost of exploration, project capital , workforce , etc have all increased . Price of Copper is going to have to go over US$10,000 per tonne to get investors to put in risk capital imo . RXM has already mitigated a lot of the risk having a huge reserve , plus it has a gold project that is highly profitable and low risk being open pit , low strip ratio , tier one country , low capital cost. Picked up some today at 28c .
Cost of exploration, project capital , workforce , etc have all...
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Last
45.5¢ |
Change
-0.005(1.09%) |
Mkt cap ! $356.3M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 46.0¢ | 45.5¢ | $656.5K | 1.435M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 4878973 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 2631974 | 21 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| RXM (ASX) Chart |