RXL rox resources limited

Congratulations on your profits. I believe your sentiment of...

  1. 3,232 Posts.
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    Congratulations on your profits.

    I believe your sentiment of “Sell” at $0.25 is very poor. The guys I have been following for 8-10 years (where I have done quite well out of precious metals) reckon that gold is going to go up exponentially when interest rates stop going up (soon). In the meantime, re Mongy’s last post:

    1) Scoping study,
    2) Resource upgrade,
    3) Grace update

    are coming this quarter. I obviously wish I sold more shares at $0.10 in that absolutely glorious phase, I am pretty comfortable holding a largish parcel at an average cost in the circa low 30’s. A valuation at less than $20 per resource ounce is absolutely ridiculous and unsustainable. When we have the next big move up in precious metals I am expecting RXL to bounce well above $0.40 and positive news flow is only going to fuel the upside.

 
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(20min delay)
Last
30.5¢
Change
0.005(1.67%)
Mkt cap ! $227.6M
Open High Low Value Volume
31.0¢ 31.0¢ 29.5¢ $437.3K 1.448M

Buyers (Bids)

No. Vol. Price($)
1 50000 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 69931 1
View Market Depth
Last trade - 16.16pm 21/07/2025 (20 minute delay) ?
RXL (ASX) Chart
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