and perhaps herein lies the reason the market has priced RXL as such
Nickel - grade not enough for given qty
Zinc - plenty of it, but deep = committed development $$$, and after dugald river, I'm sure risks are still fresh in the minds of those that control the billion $$ development budgets. And that's only the operational risk, speak nothing of global demand/trends, forex risk, sovereign risk, etc....
perhaps its a case of current climate = big discounts please ?
Wonder if it's far enough North for a Joe Hockey Budget bonus loan ?
and perhaps herein lies the reason the market has priced RXL as...
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.3¢ |
Change
0.003(1.67%) |
Mkt cap ! $57.48M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $3.554K | 23.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 476755 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 246433 | 6 |
View Market Depth
| Last trade - 12.01pm 29/11/2024 (20 minute delay) ? |
| RXL (ASX) Chart |
