If I can keep it short.
The new MD got the job because, unlike BDC, Hawkes Point is on the register and want to see a mine built (but they are patient, so not in a rush).
@smartdude - sadly, RXL timed their raising poorly, compared to AAR.
RXLs share price has fallen a further $0.06 since your post on the 24th of April, and it would need to rise $50 to get back to that level.
You mention the price was a gift then, I am not digging the boot in here, I keep watching RXL in case it changes it's spots, but I just don't see it yet.
The potential is there, but it's such a difficult situation to be in..... enough ounces to create a decent mine plan, but.... better to explore and find 'better' ounces to really make the market notice (but see a lot more dilution).
Here is a left of field idea... why not just toll treat the lot..... sell to the highest bidder (a few mines are nearby)..... perhaps the met is just too difficult for that.
I guess I will only take a position if the stock becomes truly hated (not there yet IMHO).
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If I can keep it short.The new MD got the job because, unlike...
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.30M |
Open | High | Low | Value | Volume |
14.0¢ | 14.5¢ | 14.0¢ | $49.58K | 351.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 330184 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 478333 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 330184 | 0.135 |
4 | 334307 | 0.130 |
5 | 297999 | 0.125 |
7 | 494673 | 0.120 |
4 | 68699 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 478333 | 5 |
0.150 | 209652 | 3 |
0.155 | 105000 | 2 |
0.160 | 248948 | 3 |
0.165 | 99676 | 5 |
Last trade - 15.58pm 17/09/2024 (20 minute delay) ? |
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RXL (ASX) Chart |