Company ready for challenging journey

摘要

EXPLORATION HOUSE ROX Resources Ltd may canvass partner opportunities for its Myrtle lead-zinc property in the Northern Territory once it has proven the metallurgical credentials and bankable economics of the project at the scoping level. However, Rox managing director Ian Mulholland is only too aware of the challenge the group faces in reaching that stage given the company's low share price (it was around 2 cents a piece at the time of writing) and its limited capacity to access funding.