RXL 6.25% 15.0¢ rox resources limited

THE PREDICTORS - YOUANMI SUPER PIT., page-76

  1. 4,705 Posts.
    lightbulb Created with Sketch. 874
    "Consolation of shares makes sense like what CMM did .. 10:1 or 5:1 ... I'm personally more than happy if every high SOI I held did the same WWI could ... ROG should certainly do it ..
    Now RXL having 2bill SOI doesn't make me want to sell etc as we know its all about Marketcap"

    ... no ... no we don't all know it's all about the MC.

    ... one great aspect of WWI is the JORC 3.6 Moz gold mine with only around 1.1 Billion shares on issue .... and 'if' Rox was to do a hammer-down [10-1] then imo the time to do that maybe have been when the Youanmi JV commenced, as now or maybe anytime from now on would maybe lead-into immense dilution soon after - terrible.

    Last edited by Linebacker11: 02/09/20
 
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