That's hilarious, you can have a million ounces worth very little, Penny North based on current sections will be very higher grade by factors of 10-20 times and therefore the margins are likely significantly greater.
Also you clearly know very little about mining or this area, RXL in no way represents a path to production as it's mill is currently a scrap heap with an environmental liability hanging over it, that's not to say they can't be successful long term by rebuilding but the current milling options with any merit will be the big boys ie Checkers owned by Ramelius or Agnew owned by Goldfeilds where the ore was sent for toll milling back in 2012 when this was privately mined ( and graded over 20g/t!)
That's hilarious, you can have a million ounces worth very...
-
- There are more pages in this discussion • 145 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SPX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $34.59M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 1.0¢ | 0.7¢ | $98.44K | 11.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1982955 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1899502 | 4 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SPX (ASX) Chart |