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Robex Resources Inc V.RBX

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

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 Nov 29, 2021 9:22am
655 Views
Post# 34175261

RE:RE:RE:Continuously improving results

RE:RE:RE:Continuously improving results
Hello Bogeyfree,
 
The stripping of the 4 new pits is finished; the plant has never been as efficient as it is to date; the addition of a trommel will allow the cone crusher to process a greater proportion of harder and richer ore; new cyclone pumps will increase plant efficiency; the average gold grade will increase with the depth of mining; the end of this stripping period will significantly reduce costs; the 4 new pits have mineral reserves for many years; the start-up of the solar power station will reduce fuel consumption; upgrading Nampala's production capacity is the next step; the imminent acquisition of a new permit is the event that it is best to be present for before the announcement ...
 
My investment strategy is based on fundamentals because that's how you create real value for long-term investors. The direction the SP takes this morning will not affect the quality of the fundamentals.
 
Sorry for not answering your question. It's the kind of thing I prefer to talk face-to-face, over a beer.
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