I simply can not see why this stock is not worth a lot more than current price. Note that zinc resources with grades this high trade at EV of about 300-390 per t. this alone would put RXL market value ( excluding all other assets at 60m ) Now as I said previously the fact its in Aus and a major is involved makes development all the more likely .
I challenge people to find my 3 more resources with this tonnage and grade globally . other than Dugald river, there isn't anything else
zinc price, page-6
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Last
15.3¢ |
Change
-0.003(1.61%) |
Mkt cap ! $57.48M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 15.0¢ | $525.1K | 3.433M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 881544 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 88176 | 3 |
View Market Depth
| Last trade - 14.53pm 25/11/2024 (20 minute delay) ? |
| RXL (ASX) Chart |
