What people have to realise is that RXL have resource of what 40 odd million tonnes at 4% zinc. Century was 100 million tonnes at 10% and that was never a huge cash cow.
RXL need to prove up some mighty high grade tonnes to make it worthwhile. RIO have put a little money on this punt in case something near Macarthur River is found.
valuation, page-19
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Last
$119.36 |
Change
1.120(0.95%) |
Mkt cap ! $44.13B | |||
| Open | High | Low | Value | Volume |
| $118.30 | $120.05 | $118.10 | $81.49M | 685.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 51 | $119.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $119.36 | 149 | 6 |
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| Last trade - 14.32pm 10/10/2024 (20 minute delay) ? |
| RIO (ASX) Chart |