Robex Resources Inc V.RBX

financials are out !!

[studpuppy]

details to come ....GLTA
regards stud

[studpuppy]

important facts about 2020 -IMPORTANT POINTS FOR 2020  22% INCREASE IN REVENUE  Gold sales of $120.8 million compared to $99.2 million in 2019. 126% INCREASE IN OPERATING INCOME  Operating income of $48.5 million compared to $21.4 million

[Jexcelm]

Excellent results! Imagine a year without covid with a less intense rainy season and less stripping. Go Robex!

[Bogeyfree1]

Thanks for posting the financials! Very interesting results! Now, do you see these results having any effect on the SP short term? Thx!

[studpuppy]

IMHO Bogey ... i doubt it,  yes the results (to me) are better then what i expected ...the question how will the market react...i think the results are already priced in, give or take couple of cents. Now usually a company throws a hint about Q1 when they release a NR in late april, just like RBX did last year, but not this year .... i am expecting slightly below expectations for Q1 because

[ABDPhil]

I believe you have the right words Jexcelm. The year 2021 will be marked by an improving health situation; better preparation for the next rainy season; stripping efforts and costs that will decline over the next few months; a lower budget allocated to boreholes; operating results that will take full advantage of the improvements made to the plant; facilitated management of the operation of pits;