2 items from the preso caught my eye:Firstly, RXL has seemingly...

2 items from the preso caught my eye:

Firstly, RXL has seemingly turned it's focus to gold - good timing imo given recent trends in gold prices (I'm pleased that gold wasn't spun out of RXL via an IPO, never really made sense to my uneducated instincts)

Secondly, Rox is comfortable with its nickel portfolio and awaits an uptick in pricing, noting declining global nickel stockpiles prior to committing capital for development or further detailed studies. The Mt Fisher East Nickel Deposit …. has very good potential for commercialisation. Processing options being examined and negotiations ongoing. (my underlining)

Also, it was pointed out that Rox is "Well funded with $11.6m cash and receivables, Trading below cash and receivables on low volumes. "So imo, with a mkt cap of $10.07m, that makes it a no-brainer investment at these prices, provided that the funds available are spent wisely on exploration and improve JORC