RXL rox resources limited

reasonable assessment I'd agree with mate. there are plenty...

  1. 8,418 Posts.
    lightbulb Created with Sketch. 944
    reasonable assessment I'd agree with mate.

    there are plenty more questions than answers here.

    with 3Moz why only 624koz make it in when it's high level? of that still 21% is inferred. High level and stated 40% accuracy yet the sensitivities start at 10%, and no risk on grade. what happens when there is 10%-40% less gold? Is the project still robust???

    I also don't get why build a gold room for 58koz? That's ridiculous. The whole lot as concentrate would make sense, if viable.

    I recall Milan at WMC stating gold in conc payability has improved to 80%, minus penalties. RXL is claiming 91% 624koz to 569koz - unsubstantiated.

    agree RXL have backed themselves into a corner - spend up big time to the next stage, if they actually believe this is going to work. And independent consultants with cred none of this internally driven study BS.

    There is no buyer for this project - other than the eventual buyers of Wiluna, at some stage well down the track.

    all my opinion DYOR
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
27.5¢
Change
-0.010(3.51%)
Mkt cap ! $205.2M
Open High Low Value Volume
28.5¢ 28.5¢ 27.0¢ $371.5K 1.342M

Buyers (Bids)

No. Vol. Price($)
16 372683 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 136488 4
View Market Depth
Last trade - 16.10pm 02/07/2025 (20 minute delay) ?
RXL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.