Nov 11, 2020 / NTS GMT
Richard Laufmann - Rex Minerals Ltd - CEO
Thanks a lot. You run a fantastic event. It sucks from my bedroom in Melbourne, there is no other way to say it, and I wish I was up there with you. In fact, last time I was there, in 2019 now, I actually announced that we were going to acquire the Hog Ranch project. So that was the first time anyone had heard about it and that's part of taking Rex in a new direction and bringing a gold project to the story. So we did that. And since then, I think gold's gone from $1,400 to $1,900.
At the same time, copper was in the toilet, trading around $2.30 to $2.50, and copper is now above $3, about $3.15. At the same time, the market cap of Rex, which was around $17 million when I spoke to you last, that's bounced nicely to about $48 million, still makes us the cheapest copper or gold play anywhere in the world on market. So a lot of work ahead, but things are looking fantastic and looking up for Rex Minerals, for sure.
What's happened as well since, well, we've had the US election. That's a big deal, a lot of noise. Didn't really matter for us which way it
Rex Minerals Ltd at Noosa Mining Conference (Virtual) Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot