RXL 3.57% 13.5¢ rox resources limited

Rox a billion dollar company, page-232

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    lightbulb Created with Sketch. 4852
    In the same Quarter last year:
    1.9 Net cash from / (used in) operating activities Quarter ended ("current quarter") 31-Mar-21 $1.49m
    Dec last year Rox had $5.6m.
    Rox have a history of smart budgeting, they spend a lot on exploration when they are well funded but they cut their expenditure when heading for a CR.
    Mid year should see a CR and that will come after the next JORC upgrade and Scoping Study.
    IMO Rox have targeted $1 a share before the next CR.
 
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