Australia's largest stock trading and investment forum Australia's #1 stock forum

RXL

Click for more information

3.03%

16.0¢ rox resources limited

Canacord 10c, page-177

First 177 Last

Share
Profile

Follow
punter45

8,368 Posts.

1017

03/04/21

11:20

Post #: 52233961
Share

Originally posted by m0ngy: ↑

Perhaps some of the instos read the new report and had another look at the Penny Gold Project that sold for A$760 per ounce for 360 k oz high-grade but deep gold.
TO cost $270m.
Then they looked at the latest Grace and near mine hits (below) with Junction, Link and 3 more highly prospective near mine results to come.
And of course the Youanmi Deeps with nearly two Pennys (660,000 oz high grade au).
MC of Rox just $78m and that's after a 15% jump in the SP.
Then we have research reports re rating RMS on the basis of their Penny acquisition and Zep (MD of RMS) saying that he wants another Penny.
Can't believe that Rox has languished in the 3 cps range for weeks.
IMO Rox (with junior partner Venus) have far more gold than Penny in Grace, Link and Junction and with the planned open pit mining will have a lower AISC.
IMO Rox has a very good chance at hitting the 10 cps target and could go a lot higher.

.

Expand

***IMO Rox has a very good chance at hitting the 10 cps target and could go a lot higher***

you nailed it, did you ask Alex to consolidate 15-1 so you can get 1 call of yours correct?

RXL Price at posting: 3.8¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

RAD

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

SGP

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PAM

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 1 more message in this thread...

First 177 Last

Add RXL (ASX) to my watchlist

(20min delay)
Last 16.0¢		Change -0.005(3.03%)		Mkt cap ! $66.38M

Open	High	Low	Value	Volume
16.5¢	16.5¢	15.5¢	$30.97K	195.0K

Buyers (Bids)

No.	Vol.	Price($)
3	84043	15.5¢

Sellers (Offers)

Price($)	Vol.	No.
16.5¢	20028	4

View Market Depth

No.	Vol.	Price($)
3	84043	0.155
12	669104	0.150
10	519500	0.145
17	845570	0.140
10	490232	0.135

Price($)	Vol.	No.
0.165	20028	4
0.170	149621	5
0.175	380000	4
0.180	239973	5
0.185	30000	1

Last trade - 15.58pm 19/11/2024 (20 minute delay)

RXL (ASX) Chart