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2024 will be the year for gold/silver. My targets are USD2300 (AU3409) for gold and $50 for silver, and I expect those targets to be exceeded by the end of 2024.
Rox’s Scoping Study has a gold price assumption of AU2,450, almost $1000 less than the POG in Q4 next year. In 2025 when Rox is likely to start production at Youanmi the sky high price of gold in AU with a supercharged AISC margin is expected to generate a very large free cash flow.
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Last
13.5¢ |
Change
-0.003(1.82%) |
Mkt cap ! $54.95M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $88.74K | 649.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99999 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 710323 | 4 |
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| Last trade - 15.46pm 21/06/2024 (20 minute delay) ? |
| RXL (ASX) Chart |