Top post, stockhunter. I think what you wrote makes sense.
The only quibble I have is that using your list of announcements since Jun 2019, I could see that up to the end of June 2020 there had been a steady flow of announcements but since June 2020 there has been a marked fall in the flow of updates. Why would that be? Well it could be that the more recent results are not showing the same potential as the earlier results, which is not something worth bragging about. Or it could be that Mr Passmore is throwing a tizzy for being rebuked by the ASX.
Either way, in the latter part of 2020 Mr Passmore did not deliver updates when he indicated he would and last week's announcement was at best insipid and directionless. You say that Rox is to provide an updated JORC next month. I might have missed it but I saw no mention of that in last week's announcement. All I could see was talk of a couple of new targets and more drilling to kick off in early February. If they are focusing on new targets and more drilling that suggests to me that they don't think they have enough to work with. That might be a wrong take but nothing in last week's announcement suggests otherwise.
- Forums
- ASX - By Stock
- RXL
- Ann: Youanmi Exploration Update
Ann: Youanmi Exploration Update, page-380
-
- There are more pages in this discussion • 68 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RXL (ASX) to my watchlist
|
|||||
Last
14.0¢ |
Change
0.010(7.69%) |
Mkt cap ! $57.21M |
Open | High | Low | Value | Volume |
13.0¢ | 14.0¢ | 13.0¢ | $30.15K | 222.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 778219 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 6667 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 778219 | 0.130 |
5 | 221200 | 0.125 |
6 | 433349 | 0.120 |
2 | 13699 | 0.110 |
2 | 19055 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 6667 | 1 |
0.140 | 557735 | 10 |
0.145 | 353599 | 3 |
0.150 | 299914 | 4 |
0.155 | 203972 | 3 |
Last trade - 13.59pm 03/09/2024 (20 minute delay) ? |
Featured News
RXL (ASX) Chart |