RXL 0.00% 15.5¢ rox resources limited

Ianw: Not sure what exactly you want to "swap"?! The story about...

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  1. 9,660 Posts.
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    Ianw: Not sure what exactly you want to "swap"?!
    The story about FAR you can easily follow-up on the respective FAR board with a lot a great posters there.... (an interesting discussion just going on today).
    To make it really short: IF (please note the big lettered "if") the forthcoming drilling round in late 2015 will largely/fully de-risk the already declared two discoveries off-shore Senegal, then quite a big (massive?) re-rating of FAR's sp (upwards, naturally) will have to occur. JIMHO, of course.

    Back to RXL: I am a bit surprised to see that the RXL shareprice is holding-up so nicely even though a lot of holders can get in cheaper - regardless of the shareprice. Would have thought that a lot would be selling "on-market" to get "re-loaded more cheaply" through the CR ? Interesting.

    All the best to all ROX holders.

    wasa
 
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16.0¢ 366368 6
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