RXL 3.03% 17.0¢ rox resources limited

Ann: Investor Presentation - Australian Gold Conference, page-3

  1. 994 Posts.
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    Great presentation
    Looking at the resource statement and multiplying the total by the current AUD POG then subtracting their capex of 100mill and their cost of production I calculate a profit of AUD 1.65Bill over the LOM.
    Is there a geo here that could check my basic calculation.
    We have other areas being explored that will add to the companies resources as well.
    The company has the same feeling for me as Degrey- DEG that I invested in for a few cents and watched it struggle for many years until it satisfied multiple disgruntled shareholders who stayed the course.

 
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