RXL rox resources limited

Ann: High-Grade Drill Results Confirm Extension of Paddys Lodes, page-25

  1. 1,240 Posts.
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    Buying small parcel today. I think the gold price has de-risked this project, and there is fairly significant unrealised upside with resource to reserve conversions due to this. The SP has obviously languished, and looks to be great value currently at 50m MC with the low forecast AISC and infrustructure currently in place. Cash is a little low - I suspect this mob are primed for an aggressive take over so someone else van quickly get the mine back up and running.
    Last edited by Gwydaer: 16/10/24
 
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31.5¢
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32.5¢ 32.5¢ 31.5¢ $211.0K 666.0K

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Price($) Vol. No.
32.0¢ 55254 2
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