RE:RE:RE:Cheap shares on the way ...For my part, the quality of Robex's fundamentals is measured by the qualifications of its management team, its ability to maintain or increase its revenues year after year, the maintenance or growth of the level of its mineral resources and ultimately, its low debt level. Hence from all of the above, the tremendous capacity for growth of Robex that follows.
You should always keep in mind that Robex has a unique business model that aims to mine low-grade gold resources with some of the lowest cost of production per ounce of gold in the world. Robex's growth possibilities are multiplied by the fact that low-grade gold permits are coveted by few companies, which has the effect of keeping the value of these permits at very low levels.
Robex’s financial results are not the result of high gold grades, nor is the value of gold in international markets. Its financial performance is mainly attributable to the efficiency of its operations. In addition to producing excellent EBITDA, this efficiency acts as an all-risk insurance to guard against the negative effects linked to fluctuations in the price of gold and the variation in grades encountered. In short, Robex's success cannot be attributed to events beyond their control.
This is how I allow myself to admit that Robex has solid fundamentals.