RXL 1.82% 14.0¢ rox resources limited

Ann: Youanmi Near-Mine Prospects Continue to Deliver High-Grades, page-146

  1. 2,807 Posts.
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    Is someone able to "summarise" why the SP jumped in June 2020 and what has happened since as the SP is still 40 cents ?

    I have read the company announcements, but they don't seem to explain what really happened. The SP is where it start over a year ago.... Why, given additional capital raising success, the ongoing positive drilling results with high grades since, Hawke's Point investment, Nickel Divestment, and other positive outcomes? It really doesn't make sense. This stock seems way undervalued compared to other miners in the market.
    https://hotcopper.com.au/data/attachments/3519/3519830-b70fae610bfb5d68f7f6b8d38385e5cf.jpg
 
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