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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
18.0¢ |
Change
0.020(12.5%) |
Mkt cap ! $66.48M | |||
| Open | High | Low | Value | Volume |
| 16.3¢ | 18.0¢ | 16.3¢ | $162.1K | 962.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 105006 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 153999 | 4 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
18.0¢ |
Change
0.020 ( 10.8 %) |
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| Open | High | Low | Volume | ||
| 16.3¢ | 18.0¢ | 16.0¢ | 521561 | ||
| Last updated 15.05pm 10/05/2024 ? | |||||
| RXL (ASX) Chart |