RXL
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3.57% 13.5¢ rox resources limited

The Scoping study won't make any difference to the share...

  1. Goldhunter122
    1,476 Posts.
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    17/08/22
    15:14
    Post #: 63169117
    The Scoping study won't make any difference to the share price/market cap.

    The market cap is $45million, way overvalued for a gold explorer in WA with such a poor strip ratio.

    They will be lucky to still have $2.5m cash at bank today.
    RXL Price at posting: 27.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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