What is doing well in commodities?... Nothing....But things will change...
One would think that Teck has Rox resources in their plans...with a low AUD we are seeing a lot of money coming now from North America.. The bid for Asciano AIO is a big move and more to follow...
Already, North America has decided to find their own resources of rare earth at home and in Australia and not rely on Chinese suppliers...Eventually they,ll do the same thing with Zink and Copper...and Graphite... Good report on Bloomberg yesterday about the quality and purity of
Aussie Graphite deposits and their importance to the new boy on the block (Graphine)...
All RXL has to do now is groom their Nickel ...Zink..etc deposits and look for a sound reliable developer of a high standard like TECK Canada ...
What is doing well in commodities?... Nothing....But things will...
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.48M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 15.0¢ | $571.7K | 3.735M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 826458 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 366368 | 6 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| RXL (ASX) Chart |
