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Rox Resources Limited (ASX:RXL)

ALERT: Price-sensitive ASX Announcement for RXL
Current share price for RXL : $0.390 -0.065 (-14.29%)+
Announcement
Release
22 Dec 2025 8:17AM
Price at Release
$0.455
Full Release
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Summary
Rox Resources Limited announced the strategic acquisition of gold put options to secure gold price protection for its Youanmi Gold Project for FY2028. The options cover approximately 50% of the forecast production, totaling 40,400 ounces, at a strike price of A$5,700 per ounce, which is A$500 above the November 2025 DFS gold price assumption. This move, costing A$9.7 million upfront, aims to ensure cash flow stability during the first full year of production while retaining exposure to potential rises in gold prices. This initiative is part of Rox's preparations for the final investment decision and project financing.
Key Points
  • Purchase of gold put options covering 40,400 ounces.
  • Strike price set at A$5,700/oz, A$500 above November 2025 DFS gold price assumption.
  • Upfront premium cost of A$9.7 million.
  • Options provide cash flow protection and exposure to rising gold prices.
  • Part of preparations for Youanmi Gold Project's first full year of production in FY2028.
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.