Not quite sure your reasoning here. But further discount with 70% of ROX ownership, as you quoted, is totally wrong. What I stated here of 2.2Moz resources are ATTRIBUTED portion of ROX, after the 70% ratio applied to total Youanmi resources over 3Moz+.
If your so called -60% percent between real offer and paper valuation is true, that can only mean Bibiani's paper worth was US$225m.
And if Bibiani plant is fully functioning as you said, RSG would have been pouring gold out of it, instead of C&M for years.
Or maybe you think Ghana has geopolitical premium over WA?
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RXL
rox resources limited
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2.46%
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31.3¢

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Last
31.3¢ |
Change
0.008(2.46%) |
Mkt cap ! $235.1M |
Open | High | Low | Value | Volume |
31.0¢ | 32.0¢ | 30.5¢ | $1.061M | 3.391M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 96494 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 68660 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 64236 | 0.310 |
6 | 79785 | 0.305 |
3 | 79632 | 0.300 |
7 | 161321 | 0.295 |
6 | 157156 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 68660 | 4 |
0.320 | 184336 | 13 |
0.325 | 60266 | 5 |
0.330 | 41000 | 4 |
0.335 | 67230 | 4 |
Last trade - 11.40am 22/07/2025 (20 minute delay) ? |
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RXL (ASX) Chart |