RXL 3.13% 16.5¢ rox resources limited

Ann: Youanmi Near-Mine Prospects Continue to Deliver High-Grades, page-20

  1. 10,075 Posts.
    lightbulb Created with Sketch. 4852
    Yes a good ann and only 2.8 cps. If you want quick gains, double baggers this year, sell Rox asap and buy low MC juniors that haven't completed the pump and dump cycle. You will either lose most of your investment or make a killing.
    Rox is a very good bet imo but it's not for the trigger happy retail investor.
    Rox is now in the process of restarting a gold mine. It will be a long haul. The DFS isn't until well into next year, the CR for the mine capex will come after that, in Q4 2022 or Q1 2023.
    It is only then that RXL will really take off but when it does it will be a multi bagger.
    Meantime it will disappoint the short term retailer investors.
    Of course there is always a chance Rox will find another Penny in which case it will be a multi bagger overnight.
    But if not then patience is needed now, or sell out.
    I've posted this Capricorn chart before and its worth your attention.

    https://hotcopper.com.au/data/attachments/3462/3462270-6d536e64ef64ab6b70406321806f8c96.jpg

 
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Last
16.5¢
Change
0.005(3.13%)
Mkt cap ! $64.83M
Open High Low Value Volume
16.5¢ 16.5¢ 16.5¢ $4.513K 27.35K

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No. Vol. Price($)
18 965431 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 411304 4
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Last trade - 16.10pm 29/05/2024 (20 minute delay) ?
Last
16.3¢
  Change
0.005 ( 1.52 %)
Open High Low Volume
16.3¢ 16.5¢ 16.3¢ 17622
Last updated 14.25pm 29/05/2024 ?
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