So it will be years before production occurs.
I think that explains why the sp is in the doldrums and will likely stay here for some time.
Time is money, time is opportunity cost, time is uncertainty given you state the project depends on further results and success.
Lots of shareholders underwater with no certainty about how long it will take to get anywhere.
Given that mrau claims to be posting in good faith as he claims others are not.
It seems that it would also be incumbent upon mrau to inform shareholders if he has been trading RXL, as a matter of good faith, in my opinion.
So it will be years before production occurs.I think that...
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.02M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $22.17K | 153.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 279788 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 173670 | 4 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
14.5¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 14.5¢ | 14.5¢ | 14.0¢ | 99394 | ||
| Last updated 15.57pm 14/06/2024 ? | |||||
| RXL (ASX) Chart |