RXL 6.90% 15.5¢ rox resources limited

The Rox JORC coming this month, page-160

  1. 4,422 Posts.
    lightbulb Created with Sketch. 1477
    Your very quiet m0y!
    Grace has disappointed, so much for 400,000oz and $600 asic (Canaccord would be reworking their numbers now I would think while chucking their old stuff in the bin. Those DD holes did affect the jorc their after all you would agree.
    The startup champion Grace was supposed to be is going to involve a lot of strip getting to that spotty high grade.
    Most of the upgrade as you know is in the expensive refractory deeps.
    Decision to mine maybe mid 2023 if a solid BFS can be produced after their detailed (not definitive) FS. It will be an expensive startup I think you would agree unless some toll mining could be arranged.

    No doubt you will chat to AP and ask some tough questions about the future, I would appreciate you revert those answers back here.
 
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