Robex Resources Inc V.RBX

Alternate Symbol(s): RSRBF | V.RBX.WT

Metals & Mining Gold

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.

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Robex Resources Inc

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Comment by willfr34on May 31, 2018 3:47pm

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Post# 28107596

RE:Icreased processing

They treated 5,000 tons per day (vs 4,000 tons per day in 2017). The objective is 7,000 t/day.
Overall the last results are excellent (given that the firm is still growing). Cash flow per share is doubled. Currently the SP is equal to the book value of the share. But debt is not a problem with a leverage almost equal to 1. But, they are still preaching in the desert since the SP has not increased.

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