Ann: Rox to Demerge Nickel and Base Metal Assets, page-45

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loganboy

971 Posts.

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31/03/21

13:56

Post #: 52173601
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Originally posted by m0ngy: ↑

The nickel is a sideshow, the share consolidation is good housekeeping, the nickel IPO a mistake imo but Youanmi is the main game.
Long term the nickel is just a distraction.
Looking at the main game, gold is falling in price and goldies are losing value.
The chart below shows why. As the POG falls the AISC margin (profit) of the majors also falls and there is real concern that companies like Westgold and even Silver Lake and Ramelius are going to see their profits smashed.
Then consider Rox. The company is profitable at any conceivable POG.
IMO it's a mistake to think that the HP buy in has taken a TO off the table.
It just means that RMS (for example) will not be able to scoop Rox cheaply like they did SPX.
Of course, the big gold companies would love to lower their AISCs, RMS's MD Zep is already proclaiming that Penny is one of the lowest AISC
goldies world wide and he would love to have another one.
Maintaining profitability is now a matter of lowering the cost of production.
High grade, shallow, oxide gold resources are very rare these days.
Rox has the best of them with a rapid expansion of the JORC happening right now with Junction, Link and Grace South assays imminent.

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how and what information do you have to suggest that the nickel is a sideshow

what utter rubbish, so are saying that money invested by RXL into nickel is wasted?

so are resources being wasted by RXL?

this does not make sense

if it was a sideshow it would seriously devalue the co, to a lot lower than what it is

you and the other peanut have been spruiking added value that nickel would bring to RXL and now it is a sideshow...hmmm

yes gold is down and as a consequence all goldies are down.....we do not need a chart to see this

FFS

RXL Price at posting: 3.7¢ Sentiment: Sell Disclosure: Held
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cyprus

888 Posts.

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31/03/21

14:11

Post #: 52174198
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Originally posted by m0ngy ↑

The nickel is a sideshow, the share consolidation is good housekeeping, the nickel IPO a mistake imo but Youanmi is the main game.
Long term the nickel is just a distraction.
Looking at the main game, gold is falling in price and goldies are losing value.
The chart below shows why. As the POG falls the AISC margin (profit) of the majors also falls and there is real concern that companies like Westgold and even Silver Lake and Ramelius are going to see their profits smashed.
Then consider Rox. The company is profitable at any conceivable POG.
IMO it's a mistake to think that the HP buy in has taken a TO off the table.
It just means that RMS (for example) will not be able to scoop Rox cheaply like they did SPX.
Of course, the big gold companies would love to lower their AISCs, RMS's MD Zep is already proclaiming that Penny is one of the lowest AISC
goldies world wide and he would love to have another one.
Maintaining profitability is now a matter of lowering the cost of production.
High grade, shallow, oxide gold resources are very rare these days.
Rox has the best of them with a rapid expansion of the JORC happening right now with Junction, Link and Grace South assays imminent.

Expand

How do you get a Rox AISC at $600? Thanks.

RXL Price at posting: 3.7¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

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