MXR 2.22% 4.4¢ maximus resources limited

value of resource potential comparison, page-11

  1. 2,131 Posts.

    You make out like it is a given that mxr will be in production soon from the orebody that is yet to be proven in a region that is near nothing.

    It is a long way from any rail line that is anywhere near planning stage, costs will be large, yes I know the pilbara, there are a lot of wannabee's in the pilbara as well.

    As for costs you may want to go up a little more 7 to 800 mill would be more like it where will the money come from for that?? 20 billion mxroa's with a free one attached for every 200 that you buy

    As you keep saying with your targets "looks to have potential" well this is where credibility is lost, over promising and underdelivering is what is expected from mxr and co now.

    The ore to surface was a doosie, if you look at the mag image, if the ore gets closer to the surface it sure looses it mag sig lol

    I too have been in the market and in the mining industry for a very long time and have seen a lot of companies talk the talk but stumble when it comes time to walk.


    Mxr is a dream, nothing more if you believe that dream will come true then good luck, I am not of that opinion. This is not the next fmg.
 
watchlist Created with Sketch. Add MXR (ASX) to my watchlist
(20min delay)
Last
4.4¢
Change
-0.001(2.22%)
Mkt cap ! $18.82M
Open High Low Value Volume
4.4¢ 4.4¢ 4.4¢ $721 16.38K

Buyers (Bids)

No. Vol. Price($)
1 125900 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 103616 1
View Market Depth
Last trade - 14.33pm 04/11/2024 (20 minute delay) ?
MXR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.