Alex Passmore CEO and Chris Hunt CFO just attended the 121 Mining Investment event in London. This is Europe's largest dedicated mining investment event. It is exclusively for mining executives and investment professionals, Over 400 investors from across Europe attended to meet with mining executives aiming to raise capital. After presentation of projects mining execs were matched with investors for 1: 1 meetings. My take is that Rox is positive enough about the Scoping Study and DFS to be actively seeking investors for the Capex needed to restart Youanmi. Very likely that Rox would have attended the event armed with the key profitability data from the Scoping Study.
RXL Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)