RXL is getting torched because the two discoveries are so far not discoveries.
the market also doesn't like when a company pivots from its original mission - its now reading like a discovery is required to make the project.
updating the MRE and scoping study will be the next trigger - upwards or downwards. building a mine in this environment is a no-goer. especially a refractory one but let's see what the numbers look like.
RXL is getting torched because the two discoveries are so far...
Add RXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.5¢ |
Change
-0.003(1.49%) |
Mkt cap ! $64.83M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.5¢ | $130.4K | 789.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 983680 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 49891 | 1 |
View Market Depth
| Last trade - 14.47pm 28/05/2024 (20 minute delay) ? |
|
|||||
|
Last
16.5¢ |
Change
-0.003 ( 2.94 %) |
||||
| Open | High | Low | Volume | ||
| 17.0¢ | 17.0¢ | 16.5¢ | 97491 | ||
| Last updated 14.18pm 28/05/2024 ? | |||||
| RXL (ASX) Chart |