RXL 3.23% 16.0¢ rox resources limited

Ann: World Class Zn-Pb Resource at Teena-RXL.AX, page-44

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  1. 12,839 Posts.
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    The pussy cats say that this is a good resource. Ore looks very similar to MacAthur R., albeit much less tons in resource thus far. M.R. started off underground - lesser depths than Teena obviously, but u/g mining has proven economic there in a reasonably poor Zn market of the late 90's. So can't see any issue here with u/g.

    Liked the news, but didn't take a bite at 2.4c this AM. The 30%, and zero control over development could help ward off pussy cats. Same set up as TLM in Monty.
 
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