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Gold soars., page-17

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punter45

8,033 Posts.

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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
2 Upvote

0 Great analysis

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(20min delay)
Last 17.0¢		Change 0.000(0.00%)		Mkt cap ! $62.79M

Open	High	Low	Value	Volume
17.0¢	17.0¢	17.0¢	$56.61K	333.0K

Buyers (Bids)

No.	Vol.	Price($)
13	596654	16.5¢

Sellers (Offers)

Price($)	Vol.	No.
17.0¢	219764	5

View Market Depth

No.	Vol.	Price($)
13	596654	0.165
19	973875	0.160
10	483290	0.155
10	377842	0.150
5	185689	0.145

Price($)	Vol.	No.
0.170	219764	5
0.175	79581	2
0.180	181185	6
0.185	237334	4
0.190	5000	1

Last trade - 11.22am 27/05/2024 (20 minute delay)


Last 16.5¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
17.0¢	17.0¢		16.5¢	20590
Last updated 10.44am 27/05/2024 ?

RXL (ASX) Chart