Here are some points on why I have great feeling that RBX will make shareholders money in the near future!!!
1. Capital raised recently have roughly 700k.
2. Quality of who got involved in the capital raise...Asipac Group own 44% and new sub holder
Michael Norman Arnett, director of NRW Holdings Limited (NWH). NWH is on fire at the moment!!
3. Agreement with interested parties to utilise their gold plant
4. Own a gold plant which is moveable and can be transported to other locations in NSW for any future JVs. RBX have spent over 8 million on the gold plant.
5. Drilling gold targets in the September quarter..
6. Low share price and top 20 own over 70%... Tightly held!!!
7. Volume for RBX has substantially increased over last few weeks... Most of the volume has been between 1.2 and 1.4 cents... Maybe some news is on the way!!! Interesting times ahead for this penny gold stock!!!!
I think RBX has so much potential and still looks very cheap!!!
RBX Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held