RXL 10.3% 16.0¢ rox resources limited

Agree. tiim is 100 percent dedicated to tell us how Rox will not...

  1. 4,102 Posts.
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    Agree. tiim is 100 percent dedicated to tell us how Rox will not succeed. He tries to shoot down every attempt to describe a positive future for the company. On occasion he is correct. With a 300ktpa plant I can't see that a mixed grade feed averaging 4 g/t could generate more than about $50m PA perhaps less. Maybe Rox will choose a bigger plant? But while Tim is right to pick up on a problem the concept of mixing high and low grade oxide gold ore is exciting. Rox needs to get into production fast and mixing ore is the way to do it. Tim's criticism is not the devastating blow he makes it out to be.
 
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