RXL 3.70% 14.0¢ rox resources limited

Ann: Youanmi (Grace) Shallow Drilling Delivers More High Grades, page-547

  1. LPN
    142 Posts.
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    Thanks for the confirmation @m0ngy;
    Stage 1 drilling completed Jan 17, this is about where RXL is at.
    MR estimates June & Sept 17, about what I said
    PFS Aug 18 - 12 months, longer than what I said. At that time they had already bought most of the mill components though so were well ahead by that stage. I'm guessing they were pretty well cashed up and buying leftover second hand bits from around Kal. No need for a FS stage in that case, just tap your mates for more money when needed.
    Commissioning June 2019 - 2½ years. What I said, and fast tracked in the middle of the Kal, Coolgardie, Kambalda triangle. I'm surprised they even bothered with a plant actually.
 
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