RXL 3.23% 16.0¢ rox resources limited

Ann: Offer to acquire Reward Zinc JV Interest,RXL-IMI.AX, page-9

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  1. 14,254 Posts.
    lightbulb Created with Sketch. 323
    They said they would perhaps make a spin off company with the zinc so this is obviously the strategy of how they intend to do that it's odd but I guess a shell is the way to do it so they don't have to pay all the costs associated maybe ( i dunno what's involved to create a mining company but I guess a lot of admin costs etc)

    All ??
 
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