RXL 1.82% 14.0¢ rox resources limited

2022 Rox prospects, page-26

  1. 832 Posts.
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    Plenty of debate here about who gets what, the reality is it makes no difference to the overall success of the project , if the project succeeds the rewards for share holders who are getting in at todays prices will be handsome . If it fails something other than remuneration packages will be the issue
    I like mOngy start up mine thoughts ."A small scale (0.5Moz resource), low capex and high-grade start-up where RXL defines a +7g/t coherent free-milling inventory capable of producing ~80kozpa for three years through a 300ktpa plant that could cost A$50m (noting that some refurbishment of the existing infrastructure would be required as well as expected resource growth). AISC could be a lowly A$700/oz." NOW that's impressive , work out the profits on that possibility , if this scenario plays out the remuneration paid will be a drop in the bucket .
 
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