RXL 3.45% 15.0¢ rox resources limited

Ann: Rox Resources raises $7m to drive next phase of growth, page-32

  1. 4,446 Posts.
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    Yes I cant deny Venus was a hindrance to Rxl but they sold 70% of the project to Rxl to let them spend and drill it out and save Venus a lot of dilution. If it was going into production in the original timeframe laid out by AP a few years ago Venus would have kept their share I believe. I’m not sure they’re that confident now which is why they got a good deal and can now exit.
    Time will Tell.
 
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