Congratulations on exiting RXL at the top. I wish I offloaded more shares then but I am conversely very happy that I was buying aggressively at sub $0.18.
The aggressive production targets of RXL are based on the total resource. Is a 200k pa production target that unrealistic for a company with a 4m+ oz high grade resource and a 1m+ oz reserve? That is clearly the direction that RXL is now heading. As much as I like lots of news flow, the strategic direction of going bigger in a buoyant price of gold environment does make rational sense to me. I also note that although the Directors could get a sugar hit of free shares from releasing a PFS earlier (with the SP well above $0.25) that they are prepared to delay that payday.
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $63.12M |
Open | High | Low | Value | Volume |
15.5¢ | 15.5¢ | 15.0¢ | $171.5K | 1.118M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 91896 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 93322 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 91896 | 0.145 |
5 | 361765 | 0.140 |
6 | 209673 | 0.135 |
8 | 858363 | 0.130 |
6 | 355334 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 93322 | 3 |
0.160 | 129916 | 3 |
0.165 | 24132 | 3 |
0.170 | 37421 | 3 |
0.175 | 33844 | 4 |
Last trade - 14.20pm 17/07/2024 (20 minute delay) ? |
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RXL (ASX) Chart |