imo the feed for the starter mill will be high grade oxide near surface gold but not from the shallow pits including Grace.
There are several possibilities that Rox has been drilling eg Link, Midway etc
A couple of short declines and a 480ktpa mill would be low Capex and profitable as long as Rox has been able to identify the high grade resource.
Scoping Study in Q3, page-23
Add RXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.02M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $22.17K | 153.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 279788 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 173670 | 4 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
14.5¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 14.5¢ | 14.5¢ | 14.0¢ | 99394 | ||
| Last updated 15.57pm 14/06/2024 ? | |||||
| RXL (ASX) Chart |