Did my calcs on DEG and RXL before Easter. DEG valued at $50/oz assuming they have 5Moz (not an unreasonable guess). RXL was at $18/oz on a granted mining lease. DEG at least 2 years from production. RXL by 1st quarter next year at the latest. Listen to what Alex says on the video. "Near term cashflow".
Was looking at the nickel projects. Easily worth 1 cent/share at the moment. In 2 years or so when the nickel price moves it is worth more. I expect they will spin it off to raise the capital to get it up and running. Every way you look at Roxy ..... it looks good.
Did my calcs on DEG and RXL before Easter. DEG valued at $50/oz...
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $57.21M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $7.286K | 52.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 141739 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 74019 | 5 |
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| Last trade - 11.46am 16/08/2024 (20 minute delay) ? |
| RXL (ASX) Chart |