RXL 8.33% 13.0¢ rox resources limited

Ann: Rox Resources raises $7m to drive next phase of growth, page-46

  1. 3,012 Posts.
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    When there is something to report (renewed drilling) I am sure it will be reported. I am sure this story is far from over. I am very interested in the outcome of the resource definition drilling.

    If you upgrade the the Scoping Study POG to $AUD 3k we are looking at a $500m+ NPV project with a circa 18 month payback period. That is brilliant, What if production can be increased to 120k ozs pa? That would create incredible cash flow generation.


 
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