RXL 3.33% 15.5¢ rox resources limited

Ann: Offer to acquire Reward Zinc JV Interest,RXL-IMI.AX, page-47

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  1. 1,421 Posts.
    lightbulb Created with Sketch. 5
    These comments all seems a little over top of you ask me.

    I am not going to correct them all, however RXL shareholders will end up with $2m and c. 50% of IMI which will own what will be 30% of an economic resource, around $6 million cash, and probably another brownfield project.

    But I don't hold, the cap raise was always coming...so feel free to sell sell sell...
 
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