At least another 3 cap raises to make it to FID.
Headwinds from rising inflation and interest rates will put pressure on the gold price.
Small Cap gold stocks to remain in a prolonged bear market with cost of production running to continue to rise astronomically.
So each RXL CR will be done at a -15 to -20 % discount
So, by FID, the SP could be around, 8-10 cent, but prob lower.
Ann: Investor Presentation - RIU Explorers Conference 2023, page-7
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $65.13M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.5¢ | $1.046K | 6.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 601486 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 31542 | 3 |
View Market Depth
| Last trade - 11.31am 05/06/2024 (20 minute delay) ? |
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Last
15.5¢ |
Change
-0.005 ( 3.13 %) |
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| Open | High | Low | Volume | ||
| 15.5¢ | 15.5¢ | 15.5¢ | 1300 | ||
| Last updated 11.31am 05/06/2024 ? | |||||
| RXL (ASX) Chart |