RXL 0.00% 12.5¢ rox resources limited

Rox's conservative and credible Scoping Study, page-79

  1. 10,075 Posts.
    lightbulb Created with Sketch. 4852
    RXL gets the money back when production starts,in the mean time RXL pays 100% to production,

    Absolutely wrong zencol Rox does not pay 100% to production..
    From the decision to mine Rox pays 70% of Capex and Venus pay 30%
    Capex for Rox is just $69m with Venus funding the rest.
    Capex of $69m is the lowest I have seen in a very long time to start a mine.



    https://hotcopper.com.au/data/attachments/4822/4822430-df213f1172c82ea7e705f07b3e01e51f.jpg

 
watchlist Created with Sketch. Add RXL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.