"12% to RIO"
as RIO's holding is common stock, any appreciation from this point will be exactly the same to sharholders across the board as it is for that 12%....
As for Teck being of vital importance, yes it makes the path to bringing the resource online in due course much more feasible ---- personally i would prefer if Tecks JV was squashed at this point & allow RXL to put the $5m from the propoesd placement towards drilling the high grade target with 100% interest...
but thats just my opinion
time for reflection i think, page-41
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Last
16.0¢ |
Change
0.015(10.3%) |
Mkt cap ! $65.15M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 15.0¢ | $83.51K | 553.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 51532 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 153815 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RXL (ASX) Chart |