Same Rock, Third Press Release – Is There a Photocopier in the Shed?
ASX:RMX just dropped another “announcement” today... but let’s be honest: it’s the third time they’ve repackaged the same single rock chip.
No new assays. No drilling. No JORC. No substance. Just another glossy wrap on the same rock.
Let’s break it down. Again:
CR08: 19.5% Sb from a rock chip.
Yes, that’s high.
No, it’s not new.
It was in the March 5th release.
It was in the March 28th release.
And now it’s in today’s (April 10th) release.
One rock. Three announcements. That’s a busy photocopier.
What’s actually happening?
They’re starting soil sampling.
920 soil samples planned.
88 more at East Hills.
233 more at Horsley Station.
Great. Soil samples are a good start – if it was December 2023. We’re in Q2 2025, and they’re still mapping old shafts and surface stibnite with no hard data.
What’s missing? (Still)
Drill program
Trenching
New assays
QA/QC disclosure
Any sign of JORC process
Geological mapping outputs
Economic rationale
Meanwhile…
They keep name-dropping Hillgrove like they’re neighbours on the same gold street.
Let’s be clear:
Hillgrove has a resource.
Hillgrove has a mine.
RMX has a rock.
Verdict:
RMX is dragging a single sample through three market cycles like it’s a golden ticket.
If this were a kitchen, they'd be serving you the same spoonful of soup and calling it a three-course meal.
Until we see:
Verified assays
Structural continuity
Drilling
Resource modelling
This remains a high-potential, zero-substance, geologically romantic story—not an investment.
Rating: 1 rock chip / 5 Hillgroves
Disclosure: No position. Watching the photocopier hum.
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Mkt cap ! $4.331M |
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Price($) | Vol. | No. |
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