RXL 0.00% 13.8¢ rox resources limited

Ann: Entitlement offer to raise up to $7.62 million, page-44

  1. 8,218 Posts.
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    the scattering of gold deposits are just that. deep sources is virtually a dream you've concocted.
    companies like NST have dedicated BD teams including geos and eng that scour projects for potential bolt ons
    the additional infrastructure to access and mine multiple small deposits, the mobilisation and demobilisation costs
    it all makes zero sense. as do most of your cut and paste posts m0ngy

    millrose a single large open pit (and maybe UG potential). One haul road to connect to existing haul road at ramone
    thats why NST took it, and if you read the NST resource reserves update you can see ramone is on its last legs.

    fisher is a good project for a struggling explorer MC circa $5-10M. They could do a small raise on the back of it.
    but the end game for fisher maybe more critical mass of ounces it's a sale somewhere, or small standalone.
    script and milestone payments is reality. otherwise it would have been sold!



 
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