RXL 0.00% 14.5¢ rox resources limited

Rox's low Capex opportunity to start mining, page-15

  1. 10,075 Posts.
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    Rox has emphatically stated that the Scoping Study will be announced at the end of June or in the first few days of July.
    Looking for:
    Capex under $200m.
    AISC margin for UG high grade $1000 oz + for 2.2m oz Au @ 6.0 g/t.
    (The Deeps is where the money will be made)
    Hoping for near term cash flow from near surface pits (Grace/ Currans/ Youanmi Lodes/ Commonwealth?)
    Meanwhile we may see some European investors from the 121 event buying on market (Rox would not sell a parcel at the current share price}.
    Not long now.



 
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