Rox moving to production

Two challenges here, as outlined by the Canaccord research announced at the beginning of March.
The first is the 500K oz au and imo Rox has not reached it yet, but there is a good chance they will or get close enough,
Do they really need .5m oz of high grade low capex?
What has improved their chances is the price of gold shown below and gold futures are even better.
When CG completed their research the POG was around AU150 oz au less than it is today.
The outlook was gloomy, many price predictions were in the range of AU1500 - AU 1800 oz au.
While still range bound, the outlook for the POG has had a remarkable turn around.
Gold is a safe haven and that is not going to change soon and money is being devalued with rising inflation. The annual U.S. CPI rose 4.2% last month, its most significant increase in 13 years.
The second challenge is finding the Capex. The company will have to raise about the same s its market cap to get into production. That is a big ask for a junior gold company but not with Hawke's Point on board as a cornerstone investor.
HP would never have invested in Rox if they lacked confidence in the company's capacity to raise the Capex.
MD Alex Passmore's strength is his finance background and networks. This is an area in which he has demonstrated a high degree of competency.
The Grace and near mine JORC is on the way, likely big enough for a restart imo and the gold is exceptionally shallow, oxide, high recovery.
Canaccord suggest the AISC will be $700 oz au. That's a profit of $1671 oz au. The planned 80K oz au PA production = $133.7 m PA. Rox's MC is just $78m.