RXL 0.00% 14.0¢ rox resources limited

Bargain at 12c Mkt Cap only 50 million, page-13

  1. 8,284 Posts.
    lightbulb Created with Sketch. 890
    regardless on what the DFS says
    the re-rate will only happen if the market gets comfortable with refractory gold.
    triggers would include the successful construction and commissioning of sulphide circuits at GMD, CAI, DEG and WMC
    what do you predict the timeline of those events happening?
    I see an investment in RXL as dead capital while other goldies start to run hard.
    more value to be had in RED, PNR, SPR, RMS.
    but thats my opinion and not investment advice

 
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