RXL 3.23% 15.0¢ rox resources limited

I think we should see a good gap up tomorrow as people...

  1. 15,774 Posts.
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    I think we should see a good gap up tomorrow as people internalise the news.
    There is very few large zinc resources globally and the ones that are discovered have sovereign risk , geographical limitations, lowish zinc %. This discovery has it all , a huge high grade zinc resources in Australia.
    The value of their 30% stake has potential to worry 100s of millions.
    The most exciting part is there is a huge zinc deficit on its way and thus by the time the project is developed , it could be producing just when zinc price is flying.

    Market cap should be at least 60m based on current news IMO
 
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