RXL 0.00% 14.0¢ rox resources limited

Hi Yacheng...yes have been waiting for same as they have been...

  1. 397 Posts.
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    Hi Yacheng...yes have been waiting for same as they have been very good with regular updates, was getting a little concerned with depth as per my previous post.
    The ABC article on Teena was positive, however just confirmed that the patience required.."several years away" couple is 2 few is 3 several...is min 4years..probably 6or7years. But this is Teck's baby, RXL could also part sell or sell stake to bring necessary cash to the table, rather than another CR.
    Bonya also provides potential, along Fisher East, but without any outstanding results or a cousin like Teck coming on board, I believe this will get softer in the short term....I have always had a long term view and also believe patience is a must.
    I actually think that even the trade opportunities are getting squeezed, as they have provided countless positive announcements, which get met with fall in SP.

    BLIMPSO
 
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