RXL 6.25% 15.0¢ rox resources limited

hhm..$3.5m cash burn, ~$1.9m on exploration. Current cash $10m...

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  1. 577 Posts.
    hhm..$3.5m cash burn, ~$1.9m on exploration.

    Current cash $10m plus about $6m coming from Teena sale.
    MC is $11.3m.

    I've actually been happy with what ROX has done over the past few years but this SP is a joke. now at 0.9c... normally I would look at this as a Buy but I have enough Rox and see no confidence from market so just hold and hope at moment.
 
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15.5¢ 103377 4
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