2022 Rox prospects, page-114

RMS stated that they wanted to buy an asset with a processing plant already up and running, and producing at least 100k oz with at least 5 years known life of mine. They recently purchased Apollo @ 1.2 mill ounces at around 3 times rxl value which doesn't qualify that metric so could they have a tilt at an undervalued RXL considering it has massive unexplored land and 1.7 mill of gold ounces close to their existing mill. So apart from potential drill results, a massive discovery, M&A or a rising pog imo it is very undervalued and has more unpside value than downside value.