1. $6.27m in cash.
2. Drilling has finally commence at St Arnaud
3. Rex has enetred agreement to maintain 100% of iron ore project.
4. Two holes still pending from Hillside (18m @0.2$ Cu).
5. Titeline Drilling contract in place for 2 years.
6. Undil market cap of only $10m - plenty of potential for shareholder value.
7. Very strong register with Avoca etc on board.
imprssive quartertly for minnow
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