Hmmm.... it is worth taking a moment to really read announcements....
Yes, the MRE has increased, but the grade is greatly reduced!
Down 40%. Grade is king, it is all about the profit that can be made per ounce.
The size of the MRE implies it is never going to be a stand alone development. So... if a current producer wants to access the ore, it needs to be high grade... and its not.
Good luck to all RXL holders. You are a patient bunch.
Ann: Mt Fisher - Mt Eureka Gold Resource Increased 110% to 187koz, page-5
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Last
32.0¢ |
Change
-0.010(3.03%) |
Mkt cap ! $238.9M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.8¢ | 32.0¢ | $515.0K | 1.573M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 64463 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 63565 | 2 |
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| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| RXL (ASX) Chart |