Robex Resources Inc V.RBX

RE:Back to the future

[ABDPhil]

Comparing the current SP to past values, up and down, is of no use for the future. It is best to invest effort in reassessing Robex's potential based on current SP and metrics, including net profit margin and 8-year mineral reserves.

The information contained in the January 18 press release assures us that the net profit margin will be positively and significantly influenced in 2022 and for subsequent years. Therefore, my calculations confirm that the current SP is equivalent to the cumulative 3 years of free cash flow. Knowing that a stock at 33 cents will generate a total of 96 cents in 8 years, I assume you understand that this is an opportunity to be seized.

Due to the fact that the evaluation of mineral resources for all of the permits is not circumscribed, in addition to the ambitions linked to the acquisition of a new permit, there is a potential for the sustainability of Robex's activities which is consider. Currently, the SP completely ignores this very present potential.

Finally, I do not attach importance to the motives which currently encourage these few sellers. These sales, which total approximately $200,000, devalued Robex by $20,000,000. This fact is justified by an absence of buyers rather than an absence of quality. Effective communication might be enough to avoid these annoying situations. We may wish that improvements will be put forward for the future but for the moment, the best thing to do is to take advantage of our high level of understanding and this lag of the SP.