RXL 2.27% 21.5¢ rox resources limited

sell or hold our nickel

  1. 3,257 Posts.
    lightbulb Created with Sketch. 445
    that is question we will be asked to vote on soon by the sounds of it ,
    so let hear it from the holders ,
    around 1.8 bil aud in nickel out of the ground and sold on market on todays prices , that we know of , 4 drill results yet to see ????
    option 1
    the wording =a spin out of the nickel portfolio to its shareholders in a new corporate vehicle might mean new company for the rox nickel and we get free shares in that company , be interesting if that company took of and was worth more than rox at present ,a big possibility
    this would tidy up the legal nest is raising funds to take mt fisher to production ,on going income stream when producing ,
    easier to sell the company and less complicated and could worth more to holders ,
    remember nickel is predicted to rise in the near future ,up 48% in 1 year to date ,another rise like that in another year makes our nickel worth around 2.6 bil aud $$$$$$$$$$$$ nice smile.png
    we know the market is hungry for nickel so selling our nickel would be easy
    option 2
    sell it ,what is it worth my view 10% of market value 5% if your in a hurry ,we are not in a hurry ,alex might be so he can drill hell out of of youanmi
    if we sell and get enough money to get youanmi in production , maybe 2 bil aud in gold at youanmi at the moment ,should see alot more with luck
    will gold price stay up ,we dont know ,it does appear some countries are selling to get money , the world economy is not good

    my vote option 1

    hold onto your rox

    the charts say it all


    https://hotcopper.com.au/data/attachments/2959/2959594-f8becf30bf0a0537d2f84d4c4bbb95dc.jpg


    https://hotcopper.com.au/data/attachments/2959/2959602-6546db6b09e5a6adb8b0811053e50354.jpg



 
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