RXL 3.85% 12.5¢ rox resources limited

Ann: Investor Presentation - Diggers & Dealers 2023, page-17

  1. 2,503 Posts.
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    Thanks CUB. Why do you think the 2 discoveries are not discovery? I don't see ROX gives up on them. In fact, RR reaffirmed the prospect:
    https://hotcopper.com.au/data/attachments/5501/5501506-f5d9aab731824d0c0e7428b080a3e553.jpg

    ROX's continuing to target new drilling prospects does not mean the existing findings are no good. As an exploration company, increasing resources is the mission. My perception on recent SP retreat is still about large number of VMC free shares. 55 million free shares is huge consider RXL's low daily trading volume. Good sign is that it seems not many are keen to sell around 22-23 cents level. That may reflect most new holders are positive with ROX and expecting much better rewards. Time will tell. Have a nice weekend.
 
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Last
12.5¢
Change
-0.005(3.85%)
Mkt cap ! $50.88M
Open High Low Value Volume
13.0¢ 13.0¢ 12.3¢ $77.58K 617.7K

Buyers (Bids)

No. Vol. Price($)
8 413272 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 193663 8
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