RXL 3.57% 13.5¢ rox resources limited

Ann: Entitlement offer to raise up to $7.62 million, page-11

  1. 2,453 Posts.
    lightbulb Created with Sketch. 1808
    IMO, it is worth participating if you do not believe that the SPP Price would drop a further -25%

    Don't pay much attention to oppies as more often then not they'll expire out of money. & depending on the outcome of this raise, they'll likely do another raise early next year with even more oppies.

    Personally, i'll sit this one out as it's not fully underwritten, they will not raise the full amount they are after. they'll be lucky yo get $2mil.

    I question why they are spending $ on pointless studies when they are as heck are not mine builders and will never be or do they have intentions to be @CashedUpBogun
 
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