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Bullboard - Stock Discussion Forum 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... see more

TSXV:RBX - Post Discussion

Robex Resources Inc > Forecast update
View:
Post by ABDPhil on Mar 04, 2022 9:46am

Forecast update

According to the information provided by the company on January 21, 2022, we can anticipate that the gold production of 2022-Q1 will be the second best performance in the history of Robex. The best performance was obtained in 2019-Q4, a consequence of a gold accumulation problem in the elution system. What sets 2022-Q1 apart from all other quarters is its ability to sustain this level of gold production for the next few quarters and years.
 
Regarding the POG, the daily average is currently 2340$ CAD for 2022-Q1. As this period is not over and the POG is currently at more than 2480$ CAD, we can estimate that the maintenance of the POG until at the end of the month will push the average up to $2394 CAD. Historically, this POG performance has been achieved only 3 times, from 2020-Q2 to 2020-Q4.
 
In summary, everything indicates that the 2022-T1 will make it possible to obtain results consistent with a concentration of the best operational performances in the history of Robex. In $, that's over $25,000,000/4 cents per share for 2022-Q1. Annualized, this is a situation never seen before with more than $100,000,000 CAD in EBITDA for the year 2022. From now on, all dreams are allowed.
Comment by studpuppy on Mar 04, 2022 1:14pm
I really hope you are right ABDphil,  as usual your analysis is always realistic and feasable BUT management always proves you wrong , by withholding gold sales for future quarters, or additionnal maintenance or equipment add ons or whatever they could come up with.  All dreams are allowed ....i just want to wake up from this ongoing nightmare!!  Who would of thought back in 2019 ...more  
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