(Mods please don't delete this response if i'm reported for cross promoting because a user has asked a question relative to the stock discussion of RXL and i'm simply responding - thank you)
You asked this question
"How many $41m cap juniors can detail a credible ASX approved pathway to early production, perhaps by Q4 2023?"
Note sure hyping RXL as a cheap play is very wise when there are cheaper, more advanced & better plays.
RXL hasn't put out a pathway to early production. The only thing they have told investors is that they are continuing further studies with the aim of progress through to development. Progressing through to development is no progressing through to production. It just means that they might be in a position to cross the hurdle to commit more money to move into feasibility.
Again, you are speculating with made up numbers and target dates? no?
The few i mentioned have actually released ASX approved pathway to production.
Their financial metrics are actually pretty good.
Take FML for example & much lower valuations and larger resource base then RXL.
Regarding BC8 - you have not just looked into them at a high level and go your information all bungled up. They have 3 projects & multiple existing plants.
PROJECT #1PROJECT #2
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Scoping Study in Q3, page-33
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $54.95M |
Open | High | Low | Value | Volume |
13.5¢ | 14.5¢ | 13.5¢ | $60.25K | 436.1K |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 34498 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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14.0¢ | 60613 | 3 |
View Market Depth
No. | Vol. | Price($) |
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3 | 34498 | 0.135 |
6 | 418477 | 0.130 |
12 | 1120652 | 0.125 |
8 | 1332244 | 0.120 |
3 | 67408 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 60613 | 3 |
0.145 | 262382 | 4 |
0.150 | 89327 | 5 |
0.155 | 4677 | 1 |
0.160 | 21774 | 1 |
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