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16.0¢ rox resources limited

would be cheaper to buy outright

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punter45

8,028 Posts.

960

07/03/24

11:14

Post #: 72789768
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Originally posted by smartdude: ↑

If RXL could offload Youanmi for a 10% royalty and $500k per month until commercial production is achieved that would be a terrific win/win situation for us and for the acquirer as they would be able to spend their capital to build the mine rather than acquiring the dirt.

The long term best outcome for RXL shareholders is clearly for the company can get into production ASAP with the lowest level of shareholder dilution but short term a more prudent approach would be to offload the financing risk to a cashed up larger player.

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would be cheaper to buy outright

RXL Price at posting: 16.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 16.0¢		Change -0.005(3.03%)		Mkt cap ! $59.09M

Open	High	Low	Value	Volume
16.5¢	16.5¢	16.0¢	$27.29K	166.5K

Buyers (Bids)

No.	Vol.	Price($)
16	1173037	16.0¢

Sellers (Offers)

Price($)	Vol.	No.
16.5¢	359422	2

View Market Depth

No.	Vol.	Price($)
17	1191787	0.160
10	572354	0.155
6	276089	0.150
4	127619	0.145
1	71428	0.140

Price($)	Vol.	No.
0.165	359422	2
0.170	274734	3
0.175	5705	3
0.180	160500	5
0.185	134984	3

Last trade - 16.10pm 09/05/2024 (20 minute delay)

RXL (ASX) Chart

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