Appointed as chairman not managing director.
I agree RXL is undevalued.
ROX APPOINTS NEW CHAIRMAN
Rox Resources Limited (ASX: RXL) ("Rox") is pleased to announce the appointment of its new
Chairman, Mr Jeff Gresham, effective 1 October 2006.
Mr Gresham is a geologist with a distinguished industry career of varied exploration, operational
and corporate experience both in Australia and internationally spanning 38 years.
Most recently he was Managing Director of Titan Resources, an active nickel explorer in Western
Australia, and roles prior to that over a 30 year period included Managing Director of gold miner
Wiluna Mines Limited, General Manager - Exploration for Homestake Gold of Australia, and
several senior executive roles with Western Mining Corporation.
Rox Managing Director, Ian Mulholland, said he welcomed Mr Gresham's appointment and looks
forward to his input to Rox's future success.
"Jeff's appointment is a significant one for Rox. He has been a leading figure in Australia's
exploration and mining scene for a long time and brings a wealth of experience to us as we work to
develop the full potential of our exciting Pha Luang lead-zinc project in Laos," said Mr Mulholland.
At the same time Mr Mulholland, on behalf of the Board of Rox, wished to thank and pay tribute to
its founding Chairman, Dr Alistair Cowden, who will be stepping down from the Board to
concentrate on his role as Managing Director of Vulcan Resources Limited.
"We are disappointed to see Alistair leave, but he leaves with Rox in a strong position. The
Company has an excellent project and cash of $5.5 million. In addition it will have a share portfolio
valued at approximately $1 million once recently announced transactions are finalised. We are
excited about the company's future," said Mr Mulholland.
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $66.38M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 15.5¢ | $30.97K | 195.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 84043 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 20028 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 84043 | 0.155 |
12 | 669104 | 0.150 |
10 | 519500 | 0.145 |
17 | 845570 | 0.140 |
10 | 490232 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 20028 | 4 |
0.170 | 149621 | 5 |
0.175 | 380000 | 4 |
0.180 | 239973 | 5 |
0.185 | 30000 | 1 |
Last trade - 15.58pm 19/11/2024 (20 minute delay) ? |
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