Rox's low Capex opportunity to start mining, page-152

Late Scoping Study? The mining environment has never been in more flux than right now. Costs and supply lines are changing rapidly and delays are expected. If Rox can deliver its Scoping study planned for late June a month or so later they will be doing well.
Some retailer holders will sell out thinking the Study is not positive and that Youanmi will not proceed quickly if at all.
That's a judgement that should be informed by fundamentals not the volatile SP.
The fundamentals are far more important than the daily low volume share price.
Youanmi has outstanding fundaments that have been discussed many times here.
Near Surface resources total 1m oz Au to feed a low Capex restart,
Longer term the most profitable resource will be the Deeps 9.9Mt @ 6.89 g/t for 2.2m oz Au
Compare with BGL which is much closer to production
BGL Reserves are 6.8Mt @ 6.1g/t gold for 1.34moz
A resource isn’t directly comparable to a Reserve which is a higher level of confidence but it’s reasonable to think that a the Deeps.2.2m oz Au resource will translate to at least a similar Reserve.
BGL and RXL will have similar CIL plants with about the same processing rate, their AISCs will be close and so will the cash flows.
BGL is valued at $691m and RXL is valued at less than $45m.
The following date from BGL will be very similar to Rox's down the track.