Rxl cash balance won’t last very long at current spend rate. They had 3.9m in the bank at the end of last quarter with an Estimated spend of 2.356m this quarter so that leaves 1.5m in the bank at this end of this quarter. The next Payment from teck isn’t due until feb 15 2023 which they will run of money before then that’s for 3.75m. So I believe there will be a capital raise this year. I do hold and like the proactive approach but they will need more cash.
- Forums
- ASX - By Stock
- WHY RXL is the best positioned gold and nickel junior
Rxl cash balance won’t last very long at current spend rate....
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RXL (ASX) to my watchlist
|
|||||
Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.17M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.5¢ | $11.38K | 84.02K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 480392 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 293274 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 480392 | 0.135 |
12 | 1024221 | 0.130 |
4 | 171200 | 0.125 |
6 | 485008 | 0.120 |
3 | 22798 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 168592 | 4 |
0.145 | 353599 | 3 |
0.150 | 209914 | 3 |
0.155 | 215972 | 4 |
0.160 | 313079 | 4 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
RXL (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online