The only clues as to forward planning we have been given are
1. Scoping Study released very soon, possibly as early as next week or two.
2. Stated drilling in 2H to (hopefully to move IGV towards a few Billion more)
It is now nearly September.
3. Not enough cash in hand to drill without JV so announcement likely soon of JV partner.
4. Annual report due around 25th September, but I would expect JV announcement before then, maybe with the Scoping Study.
This is a gem. Jorc expanding, good metal prices, not many shares on issue, further exploration likely paid by new JV entrant, good nearby infrustructure.
It is a pity they don't let their holders keep more up to date, but most Juniors led by geologists seem to make the same mistake, so we have to wait for the occasional announcement to catch up.
- Forums
- ASX - By Stock
- RXL
- fair value
fair value, page-14
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RXL (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.0¢ |
Change
0.015(10.3%) |
Mkt cap ! $65.15M |
Open | High | Low | Value | Volume |
15.0¢ | 16.0¢ | 15.0¢ | $83.51K | 553.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 51532 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 153815 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 51532 | 0.155 |
3 | 581149 | 0.150 |
1 | 80000 | 0.145 |
4 | 353765 | 0.140 |
6 | 159673 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 151615 | 3 |
0.165 | 45906 | 4 |
0.170 | 145647 | 3 |
0.175 | 33844 | 4 |
0.180 | 64018 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
RXL (ASX) Chart |