RXL 0.00% 15.0¢ rox resources limited

News: RXL Rox Resources Exercises Option To Buy Additional 20% Interest In Youanmi Mine Area, page-4

  1. 10,075 Posts.
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    Venus taking $1M in RXL shares as part payment
    Venus have the inside info on the JV projects and their geos are working on the Penny West Deep South project (and reporting to Rox).
    If Venus can take a $1m bet on the RXL share price we can feel confident with our own investments.
    Of course this is also an additional $1m for Rox's war chest.
 
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