RXL 10.3% 16.0¢ rox resources limited

fair value, page-15

  1. 17,248 Posts.
    lightbulb Created with Sketch. 416
    golden pig, obviously the company will need to raise some capital soon one way or the other and no doubt that will have a short term effect on price......I watched a couple of company presentations again today and I note that Ian Mulholland mentions that the company has the option of JVing the project as they have been approached by some interested big players or alternatively raising capital and going it alone. He suggests these are both good options and says they are weighing those options. That makes me wonder if I could sit down at my computer screen one morning soon to see an announcement of a JV. Such a left field announcement could very possibly have a significant upside impact on sp.
 
watchlist Created with Sketch. Add RXL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.