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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

Post by ABDPhilon Sep 14, 2023 1:11pm
384 Views
Post# 35636434

The depression of the gold sector

The depression of the gold sector
This low interest, which is widespread in the gold sector, means that net profit is the only parameter used to determine the valuation. For Robex, this net profit is TRANSIENTLY affected by the dilution produced by the acquisition of Sycamore; the development costs of the Kiniero project; exceptional charges; staff increase; and recent investments made in Nampala. That said, this TRANSITION combined with the EXCLUSION of the profits that will be generated by Kiniero is concluded by an aberration.
 
The current stock price is therefore the result of an analysis formatted for the gold sector, regardless of who distinguishes Robex, which cannot be tolerated other than in a depressed market.
 
We are currently facing a window of opportunity which will narrow as we approach the first gold bar in Kiniero. For those who are most insecure, pay attention to the barriers that will fall one by one, which will be important catalysts.

GLTA
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