RXL rox resources limited

Ann: Rox Resources raises $7m to drive next phase of growth, page-19

  1. 3,217 Posts.
    lightbulb Created with Sketch. 737
    “Nobody wants refractory”

    https://ausimm.com/bulletin/bulletin-articles/gold-concentrate-marketing-101/

    12% of global gold production being sourced from concentrate seems pretty high to me to classify as “nothing” and “nobody” wants concentrate?

    I have massive problems with the timing of this CR (before a PFS or a MRE announcement or a reasonable Gantt charted pathway to production being articulated and also after a loss of share price momentum that had legs for a good period of time) but when the CEO is buying shares on market (and cynically I believe he is extremely driven by self interest), when there is institutional support (with due diligence done by industry players/ experts/ consultants and not HotCopper keyboard warriors) I find it hard to believe that Youanmi has no value/future.


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
27.5¢
Change
-0.020(6.78%)
Mkt cap ! $201.4M
Open High Low Value Volume
29.5¢ 29.5¢ 27.0¢ $693.6K 2.501M

Buyers (Bids)

No. Vol. Price($)
17 301805 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 5000 1
View Market Depth
Last trade - 16.10pm 23/06/2025 (20 minute delay) ?
RXL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.