IMO this is a small non renounceable SI to fund Rox to the feasibility stage.
They have about $1.2m currently and will likely raise $3m = $4.2 m for upgrading studies to the FS level and and inferred to indicated RC drilling probably focused on Midway.
Q1/ Q2 2023 costs to produce a DFS will largely be funded by the Cannon TO = $3.8.
Fisher Gold is on sale imo
Total funds to get to a DFS = $8m.
Decision to mine and funding for the low capex Youanmi project is highly likely after the DFS imo
This CR rewards Rox holders with discounted shares.
My opinion DYOR
IMO this is a small non renounceable SI to fund Rox to the...
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Last
31.5¢ |
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-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 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| RXL (ASX) Chart |