RXL 3.13% 15.5¢ rox resources limited

Younami Deeps 658,000 oz high grade gold resource, page-92

  1. 3,103 Posts.
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    DEG, they are only counting existing Oz, not with HEMI, and Hemi is the big catch, that is improving in GT and every drill bit is a winner.
    Lots of good Ann's on a regular basis. Hemi is being estimated to be above 5moz by itself. Now do your EV/Oz calculations.

    RXL has 830,000oz, with nothing more to show at the moment. Ann's are almost non-existant.... until we start getting some good Anns,
    comparing with DEG is stupidity.

    Also remember to be viable to go into production, 830,000oz will probably not support the infrastructure cost. Again, need to build up those Oz.
 
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