Part of the cash raise is being used to accelerate detailed metallurgical test work. Given this I suspect metallurgical test work results for PFS are very positive. The next phase of drilling is specifically high confidence drilling which will increase the resource further and add further deeper ounces per meter (already outstanding). IMO The PFS will be very positive and in the further 4-5 months the greater potential size revealed along with excellent detailed metallurgy. Given the clear direction I suspect a DFS in 12 months unless there is a takeover attempt beforehand, given the numbers soon to be revealed.
- Forums
- ASX - By Stock
- RXL
- Ann: Entitlement offer to raise up to $7.62 million
Ann: Entitlement offer to raise up to $7.62 million, page-23
-
- There are more pages in this discussion • 88 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RXL (ASX) to my watchlist
|
|||||
Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.17M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.5¢ | $11.38K | 84.02K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 480392 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 293274 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 480392 | 0.135 |
12 | 1024221 | 0.130 |
4 | 171200 | 0.125 |
6 | 485008 | 0.120 |
3 | 22798 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 168592 | 4 |
0.145 | 353599 | 3 |
0.150 | 209914 | 3 |
0.155 | 215972 | 4 |
0.160 | 313079 | 4 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
RXL (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online