Monday is an important day for Rox with the Quarterly reports . They won't have a lot in the kitty and certainly not enough to complete the drilling needed for a FS. Hopefully they will tell us how they will raise cash to progress the Youanmi restart.
Rox has hinted that they will sell Fisher Gold
Here are the valuations from the Independent Research in Jan. If this is accurate Fisher is worth around 12M dollars and with Eureka 15M.
IMO Rox can get to a DFS with as little as $5m
https://roxresources.com.au/wp-content/uploads/2022/01/RXL-Jan-2021-IIR-Report.pdf
Monday is an important day for Rox with the Quarterly reports ....
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Last
14.8¢ |
Change
-0.008(4.84%) |
Mkt cap ! $60.06M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.8¢ | $32.17K | 209.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 267207 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 17158 | 2 |
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| Last trade - 14.05pm 19/07/2024 (20 minute delay) ? |
| RXL (ASX) Chart |