RXL 0.00% 14.0¢ rox resources limited

Ann: Offer to acquire Reward Zinc JV Interest,RXL-IMI.AX, page-16

  1. 67 Posts.
    To my way of thinking Teck only have to match the offer to buy the remainder. All this has done is give Teck a number with which to base their 100% ownership of project on.

    Don't think it great news unless $14M helps fasttrack cashflow from another project or gives us options for some alternative exploration target.
 
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