RXL 4.48% 16.0¢ rox resources limited

Ann: 5,000m RC exploration drilling program underway at Youanmi, page-31

  1. 551 Posts.
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    Before posting random numbers on this thread making it more and more unprofessional every single day, please spin up Google for us and check the POG assumptions from a few recent studies.

    Few hints to start with:
    - De Grey DFS for the Hemi project, POG $2700 as at September 2023
    - Capricorn DFS for the Mt Gibson project, POG $2750 as at April 2023
    - Musgrave PFS update for the CUE project, POG $2600 as at April 2023

    I assume i don't have to introduce any of the above companies to you. I am fairly confident that they have a better understanding on which POG to use in their development studies than a random HC person, who assesses a gold project based on number on ounces in ground×imaginary gold price, ignoring some of the other basic metrics such as AISC, project capex or margin on ounces.
    Last edited by csadeev: 28/10/23
 
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