Highlights16,000 metre RC drill program and 7,000 metre DD...

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