RXL 8.00% 13.5¢ rox resources limited

so are assays now due?, page-38

  1. 1,555 Posts.
    lightbulb Created with Sketch. 33
    Definitely not 2008 any more.
    Ozzie explorers don't seem to be flavour of the year (s)

    patto's did do a report years ago about Ni (sulphides)when they were flavour of the month.

    Enterprise Value per T of Ni, some big numbers back then when Ni prices were much better, $3-$6K per t from memory.

    Follow the money might be my 2014 motto: it ain't in explorers - stocks like PSY with Market cap 50% greater then RXL, MBE's another one - sell software.....

    having said all of this, I think there might be a tad of post market interest at the 4pm auction. Hope to see some good volumes and buyer support.

    At least it's not ravensthorpe: sulphides = cheap(er)
 
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