RXL 2.94% 16.5¢ rox resources limited

Ann: Exciting New Nickel Discovery at Sabre Prospect, page-51

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  1. 2,935 Posts.
    lightbulb Created with Sketch. 34
    The short answer to that SV... is the Company is valued at $24.66 Million Dollars today... & their strike rate & the in ground Value of the Nickle & Zinc alone is worth $100 Million.... the Nickle alone will be very cheap & profitable to process as we / they could be Mining & Selling the Stuff with 18 months... with no real hurdle or problems to get to that point. That will create positive cash flow, which will / can pay for the on going development of the other two projects... from where I sit, with rose coloured glasses I can only see very positive out comes.....(ps:.... I'm no Guru & i've pulled the numbers out of my #$%&, their are smarter operators / holder here that could give you a better insight re the dollars & cashflow.)... back the present Board & they are Winners & I think this is a no brainer... no advice just my humble opinion... it's also about supple & demand....xxx... wf.
 
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Last
16.5¢
Change
-0.005(2.94%)
Mkt cap ! $57.48M
Open High Low Value Volume
16.0¢ 16.5¢ 16.0¢ $79.31K 481.0K

Buyers (Bids)

No. Vol. Price($)
6 260988 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 435333 13
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Last trade - 11.03am 04/12/2024 (20 minute delay) ?
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