Exactly. The market valuation of Rox is just $108m. The price of gold is around AU 2,600 oz. The profit on high grade Grace ore will be at least $1,600 oz. Run some numbers and you will load up on Roxy and double your investment by Xmas.
Ann: Annual Report, Appendix 4G and Annual General Meeting, page-10
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Mkt cap ! $52.91M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 14.0¢ | 12.5¢ | $228.3K | 1.762M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 673908 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 32603 | 2 |
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