RXL 0.00% 15.0¢ rox resources limited

Plenty of debate here about who gets what, the reality is it...

  1. 825 Posts.
    lightbulb Created with Sketch. 184
    Plenty of debate here about who gets what, the reality is it makes no difference to the overall success of the project , if the project succeeds the rewards for share holders who are getting in at todays prices will be handsome . If it fails something other than remuneration packages will be the issue
    I like mOngy start up mine thoughts ."A small scale (0.5Moz resource), low capex and high-grade start-up where RXL defines a +7g/t coherent free-milling inventory capable of producing ~80kozpa for three years through a 300ktpa plant that could cost A$50m (noting that some refurbishment of the existing infrastructure would be required as well as expected resource growth). AISC could be a lowly A$700/oz." NOW that's impressive , work out the profits on that possibility , if this scenario plays out the remuneration paid will be a drop in the bucket .
 
watchlist Created with Sketch. Add RXL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.