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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 May 01, 2024 8:23pm
828 Views
Post# 36018529

RE:RE:Cash flow from operating activities +79%

RE:RE:Cash flow from operating activities +79%
Focus first on operating profits, the result of advantageous geology for low-cost exploitation and proven operational efficiency.
 
Some gold companies have production equivalent to that of Robex and cannot generate 1 dollar of cash. Others produce twice as much gold and generate an amount of cash equivalent to that of Robex. That said, revisit your analysis from the perspective of economic performance, rather than ounces of gold produced.
 
Otherwise, don't forget that Robex is currently developing the Kiniro project in Guinea, and will see its gold production multiplied by 4 in 2025. On this subject, you will find relevant information in the corporate presentation on Robexgold.
 
Finally, read the latest management report, published on Sedar, which summarizes everything that is important to know. If after that you still have questions, I will be happy to answer you.
 
Good luck
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