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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 Feb 14, 2023 3:34pm
714 Views
Post# 35285945

RE:RE:RE:RE:RE:Why is RBX so low. PE is less than 10.

RE:RE:RE:RE:RE:Why is RBX so low. PE is less than 10.
Before hoping for a third project, appreciate the one that is in progress. Kiniero is a bigger project than the one presented in the PFS. The DFS, expected in 2023-Q2, could define more resources and justify a capacity revision for the next few years. The drilling results for Sabali Sud, Mansounia Nord and the extensions of the SGA complex are parameters that will be part of the equation.
 
For now, we have to let the team take care of everything. Building a factory is a job that requires a lot of planning and many agreements with the different suppliers. This time is different from the Nampala project. The team participates from the first shovel to the last. This is an opportunity to demonstrate their ability to manage large projects. I'm confident.
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