Robex Resources Inc V.RBX

Mansounia, results and opportunity

[ABDPhil]

Published on November 28, the results obtained on the Mansounia permit are interesting for the opportunity it presents. 2.64 g/t over 51 meters is really good. But located 3 meters from the surface is even better.

 

When starting a mine, this is when the level of debt is highest, and generating positive cash flow is the primary objective. This high gold grade near surface creates the so-called "opportunity". Robex could concentrate mining on this zone to quickly generate income, while limiting its costs, a consequence of the high gold content and the small quantity of material to be moved to start mining. Robex could thus get out of debt quickly, and accelerate the arrival of everything that may follow.

 

Between now and the start of the plant, planned for 2024-Q1, I suspect that drilling work will intensify in this very prospective area. Combined with the SGA and Sabali Sud zone, good results in Mansounia center could even justify an initial treatment capacity different from that already planned. Why not?

[watchdogontario]

Until the new plant is built will they truck ore to their existing plant in Mali?

[Goldenboy1180]

Indeed WatchdogOntario, indeed.  Every single thing in this business is part of a master plan that will produce enormous amounts of extraordinary value for its shareholders, over the next centuries.  You may not see, feel or benefit from that value, but be assured that every expense, like extra gas for transport, toilet paper and news release not even accurate in their very title

[cashworx83]

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