Are the high recovery rates really “nothing news”? I am also not overly concerned by a 4 week slippage in the PFS. If they came out and replaced June 2024 with H2 2024 I would be very concerned but this is a nothing burger in the scheme of the project.
I have not been following the company regularly, as I am simply waiting for the PFS, however, when I have had a look the daily share trading volumes have been very low so at this stage I am not lead to believe that the PFS will be anything but positive.
If you plug in the current price of gold into the Scoping Study, you are looking at $700m + LOM revenue earned. That is serious money.
Are the high recovery rates really “nothing news”? I am also not...
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Last
29.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $220.3M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 29.5¢ | $62.30K | 208.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 316940 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 62845 | 6 |
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| Last trade - 10.41am 30/07/2025 (20 minute delay) ? |
| RXL (ASX) Chart |