RXL rox resources limited

pause and reflect

  1. 10,075 Posts.
    lightbulb Created with Sketch. 4852
    I unblocked a dozen here to see what is being posted.
    Posting now for the open minded Rox holders. Please consider:
    The sea of negativity is (understandably) based on the share price but where is the substance?
    Where is the evidence for the sell off? What are the arguments? Where is the reason?
    Disregarding idiotic comments this is the most plausible:

    The latest results have not been announced because they are dusters and therefore the JORC will not be announced.

    Answer: The lab change had caused a delay in results. The Grace JORC (shallow) has been completed for some time and is not dependent on Junction and Link results which ate good anyway. However, I do think that the JORC will be announced after consolidation so international investors can invest in Rox on the basis of the resource estimate. So JORC in July rather than June but just my opinion.

    The company has missed all major milestones.

    Untrue but certainly the JORC has been delayed twice and for good reason the last being that with HP on board they had a lot of money for the expanding the JORC. Delayed milestones rather than missing which is very common.

    Rox talks to me not others:

    Never drill results or timing, never the JORC,
    Never about marker sensitive info (with the lab change a possible exception?)
    Ridiculous comments about this:
    Rox telling me they can place the unwanted Cannon shares themselves is market sensitive??

    Note:
    The company know no reason for the sell off, and don't appear to care (sorry!!).
    They are advancing a gold mine restart and have told us in great detail how and when they will do it.
    They have given us a comprehensive exploration plan and are sticking to it.
    Yes they miss small updates that are important to some retailers. This is small beer to them and they don't care (sorry!!)

    HP did 2 intensive months of due diligence this year. Did they get it wrong?
    Have HP sold off? no

    Have HP put their own director on the Board? no
    Have HP placed their own tech advisor in the company? no
    Have directors been selling? no
    Rox just employed some top of their field, very reputable staff. How did that happen if the negative descriptions of the company on this thread are true?
    Have we been advised of any major change? no - because there isn't any.

    Have you reflected that a very negative company/ retail holder relationship is a money making opportunity? Some posters here are playing directly into the hands of those who will end up with large profits imo.








 
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Last
35.5¢
Change
0.000(0.00%)
Mkt cap ! $265.1M
Open High Low Value Volume
36.0¢ 36.0¢ 35.0¢ $331.5K 935.8K

Buyers (Bids)

No. Vol. Price($)
1 144768 34.5¢
 

Sellers (Offers)

Price($) Vol. No.
36.0¢ 326969 5
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Last trade - 16.10pm 29/08/2025 (20 minute delay) ?
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