Robex Resources Inc RSRBF

Cash flow from operating activities +79%

[ABDPhil]

$53,266,557 is the amount one should remember, because it's a lot of money.

 

Investors understood that the depreciation of the Nampala asset would not have a negative impact on cash flow, and this $53 million is proof of that. Cash flow is therefore increasing, and will be improved in the 2024-Q1 financial statements, as a result of the record sale of 14,072 ounces of gold on a POG at a historic peak.

 

That said, Nampala continues to play the expected role, that of the cow which produces the milk, to allow the Kiniro cream to be extracted.

GLTA

[Freddy1989Germa]

The company sounds interesting, the market cap is 234.12 million   CAD is reasonable for 50,000 ounces of production per year? or how do you see it what market cap would be fair  

[ABDPhil]

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