RXL 3.03% 16.0¢ rox resources limited

Rox the 3m oz gold bet, page-118

  1. 2,596 Posts.
    lightbulb Created with Sketch. 1833
    You have no idea

    you can only use resources in Measured & Indicated in the PFS to report ore reserves.

    RXL doesn't even have 400koz of the resource in indicated. the PFS will be lucky enough to even convert all the inferred resource in the SS into indicated. there will not be an expanded production profile to the extent you are implying.

    & NO. RXL will be lucky to have a PFS that can generated a production profile of 25-30% of the resource and even that would be considered good. That is larger then what the current SS is telling you!


    Last edited by Corgi: 06/12/22
 
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