RXM 1.09% 46.5¢ rex minerals limited

Who is going to get a bargain!, page-634

  1. 15,490 Posts.
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    I expect the fundraise will go pretty much as they expect. They've scheduled it that way.
    tested the market about a year and a half ago (the last raise at 30c) that's why they have selected to do it that way.
    I've explained a few times how the streaming and JV at the asset level are used to minimize dilution and raise capital.

    There's always risks at every point but I've taken a reasonably large holding and will amp that up as the risks decrease and value increases along with further exploration success.

    You might like my last post on DGR form today too. It's not cross-promoting as it just talks about the Cu usage expected by Goldman Sachs.

    I can't easily copy it across.

    Cheers
    As



 
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