RXL 0.00% 13.5¢ rox resources limited

Ann: Commencement of Drilling at the Youanmi Gold Project, page-28

  1. 2,480 Posts.
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    RR's appointment as CEO on 25th march 2019

    Progressed and sold the DFS narrative into production

    Also responsible for fcking up the DFS & giving the market the bum steer under his lead

    To his credit he secured the exit for shareholders which thanks to SBM. Which turned out to be a genius move, assuming all BDC shareholders sold soon thereafter.

    Wouldn't say he delivered much value for long term shareholders pre his appointment as the exit price was lower then prior higher SP levels. But it could have been worse! He essentially bailed out a bunch of bag-holders.

    Have to commend him for that. He appears capable of making the right decision and as recent track record of executing an exit. Which is what all RXL shareholders should be after!


    https://hotcopper.com.au/data/attachments/5000/5000312-7d7c45481ce9c0887e67071a2f6f85cc.jpg


 
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