RXL 3.57% 14.5¢ rox resources limited

Towards a RXL Valuation?, page-3

  1. crm
    85 Posts.
    Hi retiredyoung,
    Thanks for taking interest in what I think is an important point. Although I do not have expertise in the mining field I have a scientific background (Physics/Maths) and we all should be able to make sense of the Company Presentation.
    The point about the the C1  classification is that it is an internationally used system and so we should be comparing like with like (in this case Rox Camelwood/Musket with Sirius Nova) so I do not agree with your interpretation.
    I think I ought to fire off an email to Rox for clarification as I say I think this is important as it affects valuation of RXL.

    regards
    CRM

    More info at
    http://eurogeologists.de/images/con...f CRIRSCO and RF systems (N. Young et al).ppt
 
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