RXL 3.70% 14.0¢ rox resources limited

time for reflection i think, page-66

  1. 12,723 Posts.
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    Can't work out big corporations.
    Leonard Shelf p/l(teck/xstrata) sell zinc tenements
    to MII for 25m mii shares with $5m commitment
    on exploration
    and then teck sign a j/v with rxl with possible $15m exploration commitment for 75%.
    LSPL have a 51% clawback on any new discovery by spending
    $20m on develoment and assesment costs but why.
    Hopefully some news either way before christmas.
 
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