Good interview with Alex. He crystallises what is special about Rox and has attracted me and others to the company.
How long before the other gold explorers get into production? 5 - 10 years.
Alex suggests 2023 for Rox and that seems realistic.
Rox is already an advanced project with a lot of infrastructure in place and Youanmi is a disturbed site, ready to mine.
Second point is that Rox has high grade gold so low CAPEX and cheap to mine (AISC around $500 oz au).
And Rox already has a big JORC, with the Deeps 660K oz au high grade gold. The Deeps is featuring more in Rox's communication with shareholders.
Dewatering the main pit soon?
Good to hear that the drilling teams are busy. Link and Junction, compelling new high ppb gold and SAM survey targets, new DD plus the high priority targets at three 100 percent Rox tenements commenced last year. Regional targets under the JV now managed by Rox should be announced soon. Any of these could be 200K + oz high grade au finds.
Rox is now valued at just $80m. The company will be in production years before MGV with a MC of $184m.
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