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Competing bid for Rox's zinc stake

Rox Resources has received a competing offer for its stake in the Reward zinc project in the Northern Territory, with Marindi Metals saying its offer will expire at 5pm today if it is not accepted. 

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West Perth
Whilst this offer may appear superior in almost every way, it isn't in the best interest of all shareholders and employees of Rox; and therefore must be rejected.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
thSultan Resources0%0%
55thTando Resources75%0%
378thStrategic Minerals Corporation-11%-3%
612thRox Resources-47%-24%
694thSurefire Resources-58%-27%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

14/12/17
$0 Issued
11/12/15
$0 Issued
11/12/15
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

483rd↓Rox Resources$0
487th↓Strategic Minerals Corporation$0
488th-Sultan Resources$0
490th↓Surefire Resources$0
491st-Tando Resources$0
509 listed resources companies ranked by revenue.
Source: Morningstar

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