RXL 7.14% 13.0¢ rox resources limited

The unbelievable NPV valuations of some of the small caps ensure...

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    The unbelievable NPV valuations of some of the small caps ensure making money for a predator easy pickings. If RXL was to literally give away half of Youanmi to a big player on the proviso that they secured finance on top of funding half the capex, that would take RXL to a $040++ valuation. At a POG of $AUD 4,000 (coming soon) what is a 5% royalty worth? I would speculate for a long term asset you could justify $80m. The value of the asset is so far above the current market cap that the options are numerous if you evaluate the likely profitability of Youanmi.


 
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13.0¢
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Mkt cap ! $53.12M
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14.0¢ 14.0¢ 13.0¢ $67.37K 506.6K

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No. Vol. Price($)
8 469991 13.0¢
 

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13.5¢ 7306 1
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
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