RXL rox resources limited

Thanks CUB. Why do you think the 2 discoveries are not...

  1. 2,719 Posts.
    lightbulb Created with Sketch. 356
    Thanks CUB. Why do you think the 2 discoveries are not discovery? I don't see ROX gives up on them. In fact, RR reaffirmed the prospect:
    https://hotcopper.com.au/data/attachments/5501/5501506-f5d9aab731824d0c0e7428b080a3e553.jpg

    ROX's continuing to target new drilling prospects does not mean the existing findings are no good. As an exploration company, increasing resources is the mission. My perception on recent SP retreat is still about large number of VMC free shares. 55 million free shares is huge consider RXL's low daily trading volume. Good sign is that it seems not many are keen to sell around 22-23 cents level. That may reflect most new holders are positive with ROX and expecting much better rewards. Time will tell. Have a nice weekend.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
29.0¢
Change
-0.005(1.69%)
Mkt cap ! $216.5M
Open High Low Value Volume
30.0¢ 30.3¢ 29.0¢ $1.066M 3.643M

Buyers (Bids)

No. Vol. Price($)
2 83692 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 70000 1
View Market Depth
Last trade - 16.10pm 31/07/2025 (20 minute delay) ?
RXL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.