Ann: Quarterly Activities Report - December 2022, page-8

Highlights
16,000 metre RC drill program and 7,000 metre DD drill program with first drill assay results in late February.

The Company anticipates a steady flow of drill result updates over coming months with ongoing drilling into the broader mineralised envelope.
With around $10m in cash and sales of Fisher and Eureka forthcoming Rox will have multiple rigs to complete this drilling quickly.
The Scoping Study is based on only 20% of the Youanmi Mineral Resource for a mine life of 8 years so potentially the mine life will be much longer and output ramped up.
100 koz pa output with a mine life of 10 - 15 years?
This quarter we can expect a flow of drill results, an investor presentation for the upcoming general meeting and a likely sale of Eureka that Kadelion has expressed an interest in.
Note payment from Cannon to Rox in the Cannon quarterlies today.
$209k to Rox Resources Limited for rent and Finance and Company Secretarial Services (relating to operating costs as disclosed in Item 1 of the Appendix 5B);

My opinion