Other Tenements, page-4

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CFDRaZor

83 Posts.

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15/03/19

10:15

Post #: 37770995
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Originally posted by 1DT1: ↑

Although we know the consistent updating by RXM is aligned with the progress of the PEPR, there is no indication on exploration programs being planned for other tenements held by the company.
Once upon a time when we were all sitting in positive territory - a long time ago, the market was informed of various drilling results at these tenements.
This has gone to history and there has been no further planning to date. When and were ?.
I recall one such tenement was foreseen as a much greater potential than Hillside itself in its entirety. The board had no choice but to pursue with current project due to the extent of money spent and must say has continually spent with no result. A great shame it was left behind.
Surely there must have been some investigations completed at these tenements in the last year or so that can be reported. Arrange a joint venture process ?.
Agree that RXM has been very proactive in dealing with matters relating to the PEPR but it begs disbelief that thirteen months has passed with no approval.
The only ones that have gained from this process are the consultants who are earning alot of revenue from this predicament at a cost to RXM. They are nothing but expensive subcontractors.
Yet the BOD chose to continue with delivering no results while obtaining their exceptional salaries for doing nothing while consultants are engaged to address the PEPR.
if they can take off their blinkers, they just might realise they can do alot more with its available resources.

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No one will want a joint venture with no PEPR or access to land to mine

RXM Price at posting: 7.6¢ Sentiment: Buy Disclosure: Held
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Other Tenements, page-4

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History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

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