Well here we are 2 months later from the time this thread started.
The current MC is now $4.3m with an SP of 2c.
Way undervalued.
If the drill results come back with similar figures to the all ready JORCed resource and the scoping study shows that Myrtle is, in fact, a viable project, then 2c will be history.
The important bits to look out for are open-pit viability and opex costs.
Look also to the continued recovery of Zn prices.
cheapest zince spec 521000 tonnes of zince, page-10
Add RXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.30M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 14.0¢ | $49.58K | 351.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 330184 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 478333 | 5 |
View Market Depth
| Last trade - 15.58pm 17/09/2024 (20 minute delay) ? |
| RXL (ASX) Chart |