RXL 3.45% 14.0¢ rox resources limited

Ann: Investor Presentation - RIU Explorers Conference 2023, page-23

  1. 2,321 Posts.
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    You still don't get it. No one gives a poo about the gold price rising unless it's $500-1000 aud. which is what needs to happen. the increasing cost is outpacing the pissy little gains gold makes.

    Resource upgrade means nothing as only a fraction on it makes it into the production schedule.

    If the PFS indicates a substantial increase in Capex which is clearly will be because current CPI is still way higher then the increase % in the gold price, RXL is finished


 
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