2022 Rox prospects, page-110

You are missing the point @MrAu

we're not discussing the Market Caps here.

Doesn't matter if you or anyone believes RXL is undervalued. Just about everyone else holding other stocks thinks theirs is undervalued for various reasons.

That doesn't change the fact that RXL needs some major news to get the SP moving. Because everything the company is forward looking to date and from drilling results don't indicate anything of large scale and the market doesn't like small scale players.

I'm asking a very reasonable question, what newsflow can be generated/released in Q1 that can trigger a massive re-rate? It needs to be from a target that can confirm then next 2-3Moz discovery or something of the like.

Market isn't going to get excited about spotty one off narrow intercepts.

RXL doesn't provide sections so makes it hard for potential investors to determine what it is they have discovered.

At this point, RXL Needs to get very very very lucky.

In the back half of 2021 you can tell that has made an effort to provide more regular drill results with at least 1 a month but they have not delivered anything that has interested the market. Most have been anns for the Link Prospect which the market does not rate highly whatsoever.

Retail provides RXL with the daily share trading liquidity. It is about time AP does something for retail to get the juices flowing again. Doesn't matter how good you may thing the project is, without retail buying and pumping the stock, the SP is trending lower and lower and the CR will be done even lower.

That is the reality.

No Significant New Discovery Means No Re-rate.

RXL can't even sell the project due to partial ownership..