RXL 0.00% 14.5¢ rox resources limited

Ann: Half Year Accounts, page-5

  1. 3,475 Posts.
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    alex has the nickel results and now in writing ,by late March
    Nickel Projects On 28 January 2021,
    Rox advised that it is pursuing a strategy to unlock the value of its nickel portfolio, given the Company’s priority focus on the Youanmi Gold Project. Following a considered process over recent months and with increasingly positive investor sentiment surrounding the nickel sector, the Company is investigating either a sale of the assets to another corporate in the sector, or alternatively, a spin out of the nickel portfolio to its shareholders in a new corporate vehicle
    With due diligence and preparatory documentation now significantly progressed for both restructuring options, the Company anticipates being able to update the market on its preferred path (being guided by the best outcome for shareholders) by late March

    only afew weeks to go for the nickel , going to be very interesting ,either way a positive step forward for rox and our share price ,

    hold onto your rox

 
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