Hawke's Point agreed to maintain their stake so with $4.4m raised instead of $1m they will be tipping in a lot more cash as well. So with instos + Cannon $$ + $4.4m and Hawke's Point top up $12.5m? Fisher and Eureka to be sold to bring in even more next year.
Market valuation of $35m with $16m cash (inc Fisher and Eureka) is vey undervalued imo
Downside is dilution at a low SP but it's much more important for Rox to be fully funded through the feasibility process right through to the DFS at which point funding for pre production Capex will be sought.
A great outcome for Rox and Rob Ryan in particular,.
Hawke's Point agreed to maintain their stake so with $4.4m...
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Last
31.5¢ |
Change
-0.005(1.56%) |
Mkt cap ! $235.1M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 32.5¢ | 31.5¢ | $211.0K | 666.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 53368 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 55254 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| RXL (ASX) Chart |