RXL 0.00% 12.5¢ rox resources limited

Ann: Bonanza Intercept of 28m @ 34.81g/t Au at Youanmi South, page-119

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,075 Posts.
    lightbulb Created with Sketch. 4852
    Quite likely that the Midway and Youanmi South discoveries will add 30,000 oz of gold to production PA. Below is what the yearly production would look like over the LOM.
    Production PA lifts to over 100K oz gold.and total production of gold over the LOM jumps from 569 koz to 819 Koz of gold.
    The inferred gold still has to be converted to indicated so the feasibility timeline is not significantly changed but the financial metrics are radically improved.
    Current AISC margin is over $1,000 oz au so highly profitable with much more of the 3.2 m oz gold to be brought into production,




    https://hotcopper.com.au/data/attachments/5102/5102235-da4c96ebea26b6d84a6eb9c89638a489.jpg

    my opinion
 
watchlist Created with Sketch. Add RXL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.