RXL 0.00% 12.0¢ rox resources limited

Ann: Update on Nickel Asset Divestment, page-25

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  1. 367 Posts.
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    @yacheng

    From Friday 29 February 2021 - my Post #: 50551765
    'All hypothetical for discussion but my thoughts are he'll spin off the Mt Fisher assets into a new venture. Perhaps trying to capitalise it at say $50m through a new listing, with RXL shareholders receiving around 60% of the shares and the balance of $20m being used to fund our proposed mining projects i.e. no further cap raise required.


    That would make more sense than a direct sale (providing his mates can get the $20m from new investors) as he/ we retain management plus majority interest.'

    From 29 February 2021 - your Post #: 50553562
    Friday came.,,& all was exposed & Friday went.,. Zero change in Share Price!!..,& the Nickel never got A Mention... as for Stockhunters Wet Dreams on Fisher sofar from reality he has turned into Mongy.... Fansity Land..... Enjoy your Weekend..imho..

    Yacheng, for someone who supposedly claims to be a Top 10 shareholder in RXL, I'm surprised at how little you glean from what is actually going on.
 
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