RXL 6.25% 15.0¢ rox resources limited

Ann: New Exceptional Drilling Results at Link Prospect, page-66

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  1. 3,480 Posts.
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    $1.50 sp =192mil is what our mc should be , been some mad things happen on asx and yes we have missed heaps waiting for our rox to swell to the right size , 200mil well and truly in ball park ,one day frown.png
    you look at the grace estimates of 1.5 g/t ,they must have measured from the northwest hwy via perth , so bring it back to the actually size might be 15gt

    Comparison to 2018 Resource Estimates (Widenbar 2018): An overall increase of 39% in contained gold has been achieved, with a 52% increase in metal in the Indicated category, and a 31% increase in the Inferred category (Figure 1 below). Cut-off grades remained the same as those used in the 2018 estimate (i.e. 4g/t Au for Deeps and 0.5g/t Au for Near Surface) and 1.5 g/t Au was used for Grace.

    so alex is saying 18mil tons for 1.7mil oz aprox
    Capricorn 43.5 mil tons @ 0.9 gram ton = 1,2 mil oz , looks like rox is 3 times better of ,cmm $2.38,, rxl 42c frown.png

    hold onto your rox
 
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