MXR
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2.17% 4.5¢ maximus resources limited

MXR - Hidden Gem, 20c Target - High grade Spodumenene next to KM1, page-11

  1. watchthisrise
    1,021 Posts.
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    11/01/24
    11:27
    Post #: 71828572
    The Sep Quarterly clearly states:

    $2,579 M Cash remaining as of the end of the Sep quarter.
    2.45 quarters remaining as of the end of the Sep quarter.

    The cash-burn-rate states $1,053 M spent between July and Sep quarters.

    More than 1 quarter has passed since the end of the Sep Qtr

    That means MXR have less than $1.5 M cash left at this very moment

    If they are seriously drilling at the moment, then there could be significantly less.

    They have close to 1 quarter cash remaining.



    https://hotcopper.com.au/data/attachments/5876/5876535-13d5a950fe76797c7e226cfa8d967ad2.jpg
    https://hotcopper.com.au/data/attachments/5876/5876568-fb9101bee6077d2b8855b0443aebf457.jpg

    Last edited by watchthisrise: 11/01/24
    MXR Price at posting: 5.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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4.5¢ 		Change
-0.001(2.17%) 		Mkt cap ! $19.25M
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4.7¢ 4.7¢ 4.2¢ $42.78K 958.1K

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1 78891 4.5¢
 

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4.6¢ 54339 1
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