How MXR Underpins the Success of AAR’s Mandilla Gold Project, page-6

While the takeover may seem like a "win-win" from AAR’s perspective, MXR holders should know your claims lack evidence. The suggestion of a MXR capital raise at 3c is speculative and overly pessimistic. Similarly the claim that AAR will build a mine "sometime next year" overlooks the realities of the development timeline. A scoping study is a preliminary assessment that lacks the detailed engineering, permitting, and financing plans etc required to build a mine. Realistically progressing to a PFS or DFS could take years.

For MXR holders the decision rests on whether to support the takeover and gain exposure to AAR’s growth strategy or to retain full ownership of Maximus’ highly prospective tenements and significant exploration upside. The long-term value of Maximus’ extensive ground and resource growth potential is undeniable, and the choice should ultimately hinge on whether the takeover truly enhances shareholder value rather than primarily serving Astral’s immediate needs.

As a shareholder of AAR Yatchy, I think that you have to come to the realisation that Mandilla just doesn't work with out MXR, as clearly illustrated in my previous post. Your management team understand how pivotal MXR is to getting Mandilla into production, hence the TO bid, however they are trying to low ball MXR hoping that shareholders don't understand the strategic value of our ground.

The pathway ahead for MXR is to start mining Larkenville and Hilditch under a toll treatment production agreement, raise some more capital to really get exploring and increase gold resources, plough the money from mining into exploration and move towards a suitable gold resource that warrants our own standalone mill.