Bugger selling it - I agree that those grades could turn Rox from an explorer into a miner. Problem is from what I've seen (they may even have stated this themselves) they do not want to be a miner. Strategy seems to be to explore grounds and establish there is enough of a resource to try sell the tenements for a profit. I would prefer to see the money spent at Bonya to firm up the resource (and get the 70%) and THEN look at options re: mining it or selling it, preferrably mining if the resource is there to support a mine with a semi decent lifespan
Bugger selling it - I agree that those grades could turn Rox...
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $57.48M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.0¢ | $135.9K | 868.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1088851 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 89486 | 7 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| RXL (ASX) Chart |
