RXL rox resources limited

Ann: Major Growth Drilling Program Commences at Youanmi, page-5

  1. 8,424 Posts.
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    all of you need to read the detail not just the title."major growth drilling programme"
    the pictures say it all. this isnt growth drilling
    RXL are converting small areas of inferred resource to indicated.
    We are talking a big spend for a tiny amount of ounces - regardless of drilling for equity
    the second picture shows paddy's - which has proven to have no strike so what is the point of drilling it deeper?
    Ive previously given RR some kudos as an operator but this looks bad.
    what a waste of money. could have down some big step out holes demonstrate size of the system
    undefendable incompetence
    https://hotcopper.com.au/data/attachments/6376/6376368-94f92a81c0f72146768f33e0b12994aa.jpg

    https://hotcopper.com.au/data/attachments/6376/6376375-2131a24eb4b54c88ee93262057c8e75e.jpg
 
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Last
31.5¢
Change
-0.005(1.56%)
Mkt cap ! $235.1M
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