InvestSMART

Resource Base Limited (ASX:RBX)

ALERT: Price-sensitive ASX Announcement for RBX
Current share price for RBX : $0.027 -0.007 (-20.59%)+
Announcement
Release
30 Jul 2025 8:24AM
Price at Release
$0.034
Full Release
download
Summary
Resource Base Limited (RBX) provided its Quarterly Activities and Appendix 5B Cash Flow Report for the quarter ending 31 December 2022. During the period, the company focused on advancing its Black Range Project in the Stavely Arc region of Victoria, Australia. Key activities included the completion and interpretation of an airborne electromagnetic (AEM) survey, which identified new targets for exploration. The company also continued preparations for a maiden drilling program and further developed its exploration strategy. Financially, the report showed prudent cash management with significant spending allocated to exploration and evaluation, while maintaining a healthy cash balance. There were no significant acquisitions or disposals during the period. The report also included standard disclosures required by ASX Listing Rules, including details on payments to related parties.
Key Points
  • Quarterly report covers activities for the period ending 31 December 2022.
  • Primary focus on advancing Black Range Project in Victoria, Australia.
  • Completion and interpretation of airborne electromagnetic (AEM) survey.
  • AEM survey identified new exploration targets.
  • Preparation underway for maiden drilling campaign.
  • Continued development of exploration strategies.
  • Financial report shows prudent cash management and exploration spending.
  • No significant acquisitions or disposals during the quarter.
  • Standard ASX required disclosures on related party payments included.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.