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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

Comment by ABDPhilon Feb 20, 2022 1:46pm
488 Views
Post# 34446402

RE:RE:Simply Wall St article

RE:RE:Simply Wall St articleGiving a thumbs up isn't just about content. In this case, it is a demonstration of our appreciation for bveilleu who performs this task like no other. This task consists of publishing different sources of information that may be of interest to us.

In this case, the information is eloquent because it demonstrates Robex's ability to generate significant profits from its equity. The quality of the ROE rating obtained by Robex is distinguished by the fact that its debt is tiny, less than $5,000,000.

Leverage rather than equity dilution is one way to thwart this ratio. Worse still, there are companies that go into debt to buy back shares, which has the effect of artificially improving the result of this indicator.
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