RXL 0.00% 17.5¢ rox resources limited

spreading misinformation again mungyyou left out that it was...

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    spreading misinformation again mungy

    you left out that it was part of the terms of the agreement that there was there needed to be an equity contribution from CMM

    the first terms of the financing from macquarie came thru in 2018.

    It did nothing for the CMM shareprice.

    CMM did 2 massive dillutive cap raises following the first terms which ended up lapsing anyways.

    For RXL you are implying a full loan with no equity contribution which is FALSE


    https://hotcopper.com.au/data/attachments/5020/5020141-4e84eb7727ee6c5a5a6a867a76460ef7.jpg


    No RXL will not be funded for 12 months at a $1Mil/month cash burn. look at your Qtrly Cashflow.


 
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