2022 Rox prospects, page-27

not really impressive you can invest in other small scale miners/near miners with MC's not too far away from where RXL currently is.

Most bought into the story or a new large scale open pit deposit prospect.

It was what mongy was pumping all 2020.

Now he and mrau have pivoted to a smaller scale restart.

it won't do much for the SP but if they manage a restart they can keep the dream alive through free cashflow in the future

but you need to be aware that as of today, if all goes well, production well over 3 years away.

There will be alot of Cap Raises in between.

Will AP do a placement at a discount to flippers? who will then dump to below the CR price? If this is the case, it is just about game over for most current investors who don't have funds to average down. Sorry to say but most will never break even.

Or will AP do an entitlement raise and need to offer up plenty of options with a low strike to entice existing shareholders to contribute.

Most would be incurring serious losses right about now.

Even mongy said he isn't making any money if it weren't for the CNR shares.