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Robex Resources Inc V.RBX

Alternate Symbol(s):  RSRBF

Robex Resources Inc. is a Canada-based gold mining company. The Company owns two assets in the prospective Birimian Greenstone belt: the Nampala producing gold mine in Mali, and the Kiniero Gold Project in Guinea (Conakry). The Kiniero Gold Project is a 470 square kilometers (km2) package of mining licenses in the prolific Siguiri Basin, Guinea, and consists of the adjacent Kiniero (mining) and Mansounia (exploration) licenses which host numerous deposits. The Nampala Gold Mine is located in the Republic of Mali, approximately 250 kilometers (km) southeast (335km by road) of the capital of Bamako, 45 km northwest of the Syama Mine (operated by Resolute Mining Limited) and 91 km southwest of the Morila mine (operated by Firefinch Limited). The mine is in the Sikasso administrative region. The property has a total surface area of c. 280km2 and consists of two parts: the Nampala exploitation permit covering 16 km2, including the Nampala mine, and five exploration permits.


TSXV:RBX - Post by User

Bullboard Posts
Post by studpuppyon May 31, 2019 9:32am
65 Views
Post# 29788143

question phil

question phil Hi Phil, I have a question for you since you understand these things better then me, why is the depreciation in 2019 almost 3 times higher then 2018? Depreciation of property, plant and equipment and amortization of intangible assets 8,363,000 (2019) 2,906,000 (2018) Also we produced more gold and yet sold less...was is it done purposely? Gold ounces produced 11,291 (2019) 9,793 (2018) Gold ounces sold 10,935 (2019) 11,989 (2018) would really appreciate if you can shed some light on these...maybe that's why we took a beating and sitting at .065? thank you in advance regards stud
Bullboard Posts