RXL 1.92% 13.3¢ rox resources limited

The current mill only requires an estimated 14-22 million to get...

  1. 934 Posts.
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    The current mill only requires an estimated 14-22 million to get it back into production. All the most expensive capex features like access roads and an airstrip are already there and usable. There's a JORC resource of 1.2 million ounces sitting there on the ground before anything that comes from all this new exploration works.... and the latest AC samples are showing there could be another gold strike under there that no one knew about.

    This area will be economical for someone IMO and at some point we're getting paid no matter which way it goes. I'm just going to lay back and enjoy the ride.
    Last edited by Prospector99: 06/11/19
 
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