Another option in a high POG environment to RXL after releasing a good DFS would be to exchange Youanmi for a gold royalty. If RXL sold Youanmi to a large player for a 5- 10% royalty, it could:
1) develop other assets (eg the current non core assets could become core assets).
2) there would be no dilution of shareholders as cash flow would be substantial enough to fund drilling.
3) result in an acquiring company making plenty of cash with a very high margin mine.
4) pay dividends to shareholders with the excess cash.
A high price of gold opens options and the higher the price goes the more the options open. Good management will review all options.
- Forums
- ASX - By Stock
- Gold soars.
Another option in a high POG environment to RXL after releasing...
- There are more pages in this discussion • 12 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
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.79M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 17.0¢ | $64.10K | 369.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 150438 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 131857 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 150438 | 0.170 |
10 | 543992 | 0.165 |
19 | 1081520 | 0.160 |
10 | 499354 | 0.155 |
5 | 176089 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 131857 | 2 |
0.180 | 356875 | 8 |
0.185 | 118334 | 2 |
0.190 | 11667 | 2 |
0.220 | 11000 | 1 |
Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
|
|||||
Last
17.0¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
17.0¢ | 17.5¢ | 17.0¢ | 164117 | ||
Last updated 15.48pm 15/05/2024 ? |
Featured News
RXL (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O’Donovan, Executive Director
Gerard O’Donovan
Executive Director
SPONSORED BY The Market Online