RXL 0.00% 13.0¢ rox resources limited

Ann: Entitlement offer to raise up to $7.62 million, page-14

  1. 11,988 Posts.
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    Bit confused... 'new'.... Youanmi?

    https://hotcopper.com.au/data/attachments/6127/6127550-32f7040d70b800e95859ca3ae849571e.jpg
    Pretty sure..... it's been around for a little while.

    https://hotcopper.com.au/data/attachments/6127/6127557-7f62e60fdd26b619a54ee9b66a1d99ca.jpg

    Though if nothing else, I like the hustle by the MD.

    I feel for holders, RXL reminds me a lot of BDC, as it just keeps drilling... finding a little more gold, putting out another study then doing it all again (with the backdrop of more dilution). That being said, I do think this will become a mine, with the support of the major shareholder. The question for me is, when might there be an opportunity to enter... my guess is not yet (but good luck to all holders, who have been very patient).
 
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