RXL 10.3% 16.0¢ rox resources limited

Scoping Study in Q3, page-12

  1. 2,382 Posts.
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    @m0ngy
    SPX never released a PFS? check the history of their anns. They relased their MRE in 24/10/2019. First TO offers were in Feb 2020.

    https://www.asx.com.au/asx/v2/statistics/announcements.do?by=issuerId&issuerId=8099&timeframe=Y&year=2020

    Strange you think open pit projects are high AISC when current earnings report from all miners clearly indicate that Open Pit Projects are consistently on the lower end of the AISC guidance range and it's underground projects that are in trouble. Refer below

    CMM 2023 - Open Pit - Guidance - $1,160‐$1,260/oz
    GOR 2023 - Open Pit - Guidance - $1,270‐$1,470/oz
    CAI 2023 - Open Pit - Guidance - $1,290/oz
    RMS 2023 - Underground/Open Pit - Guidance $1,750‐$1,950/oz
    WMC - Underground - Administration
    SBM - 2023 - Underground/Open Pit - Guidance $2,050‐$2,150/oz
    WGX - Underground - Guidance - $1,900‐$2,100/oz

    Also note that basically all the Gold projects that have been taken over or acquired on the ASX recently are all open pit projects. CDV, AOP, OKU, BRV

    So the actual factual data is completely contrary to what you are claiming

    Last edited by Corgi: 30/08/22
 
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