RXL rox resources limited

What are they doing?, page-6

  1. 10,075 Posts.
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    Dismal market in which Rox will shine and quite soon.
    Rox's Scoping Study will be a stand out imo
    Best resource with highest grade
    2.2m oz Au @ almost 7g/t from the Deeps and 1m from the Near Surface.
    Lowest Capex
    Under $200m because Youanmi is being restarted and Capex requirements will be staged starting with a CIL plant and adding the second refractory circuit later (using profit from gold sales)..
    A near tern cash flow.
    The market loves a quick cash flow and imo the plan to deliver one will be in the Scoping Study.

 
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