RXL 4.84% 14.8¢ rox resources limited

Nickel cycle is starting again SO what would be obvious to me is...

  1. 15,334 Posts.
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    Nickel cycle is starting again
    SO what would be obvious to me is that it’s an easy entry to an explorer with a Defined nickel resource that is trading below cash backing and is highly cashed up no need for cap resides, no debt etc to ride the nickel wave

    Even RXL have stated they are patiently waiting for this nickel cycle to start again in their press

    However RXL is a very leaky ship and I wouldn’t rule out something else depends if they are digging or not I’ve lost track - as for my alternative charting methods i wouldn’t rule out anything over the next week or so (it could be either scenario) ...though I’d say no 1 makes more sense but RXL has some good sky trading transits going on as we speak if ur open to that sort of thing (as always I have outlined it on Twitter as opposed to here today)
 
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Last trade - 14.05pm 19/07/2024 (20 minute delay) ?
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