A Rox re-rate is coming, page-104

****Good question I think their buy in puts a floor at 3.5 cps. But volumes are so low they couldn't buy many at that price without the SP bouncing. Of course they are watching results as we are. Link is disappointing but Junction and Youanmi South, infill and lateral drilling much more promising. Rox overdrill poor gold areas imo as they did in Q4 last year. Not good for the SP. But I guess they can afford to with HP cash. ****

what floor?

and why would hp buy on market?

they will always have the first right of refusal on all future discounted capital raises as long as they stay above 9% as substantial holder