Spin it any way you want mate, they still went out of business not making money, wmc is another thats folded recently same scenario, so its still happening even at these high gold prices.
3 yrs ive been looking at this mob, and nothing has changed since, still have a resource, still have an old plant, still finding gold in drilling, BUT still no mining taking place at these gold prices.
its tells me the projest is still UNECONOMICAL still. Imo
RXL and MAU a peer comparison, page-19
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $56.98M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $35.74K | 259.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 492573 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 366795 | 2 |
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| Last trade - 14.21pm 19/06/2024 (20 minute delay) ? |
| RXL (ASX) Chart |