RXL 0.00% 13.0¢ rox resources limited

Ann: Potential new parallel lode identified at Youanmi, page-15

  1. 2,726 Posts.
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    I am sure you appreciate it's not as simple as you infer. To provide you with "the share price will likely reach ___" answer, my stated estimate was $1.50 when in production, but as you would expect, I have a whole range of assumptions. Personally, I would not be be surprised to see it over 50 cents in the short term. It's simply based on past announcements and it's close to what Hawkes Point initially paid after the 15 to 1 consolidation.

    I am very sure there are others who could provide you with a more informed estimate. You could also contact your broker (or others who recommend RXL), and ask them. I know I bought a few today (averaged up).
 
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