Assets in MXR

Check on the website of MXR
http://www.maximusresources.com/projects.html

Spargoville project

Wattle Dam mine produced 880,000 t @ 10.1 g/t Au for 286,000 ozs.
And high grade gold still in the around project

• 16m @ 6.00g/t Au from 118m, including 4m @ 15.3g/t Au from 121m

• 9m @ 9.98g/t Au from 109m, including 2m @ 18.5g/t Au from 109m and 1m @ 19.4g/t Au from 114m
• 8m @ 9.29g/t Au from 208m, including 2m @ 10.7g/t Au from 208m and 2m @ 20.1g/t Au from 214m
• 5m @ 8.96g/t Au from 186m, including 1m @ 15.7g/t Au from 186m and 1m @ 20.2g/t Au from 190m
• 7m @ 6.46g/t Au from 138m, including 2m @ 14.3g/t Au from 139m
• 3m @ 17.5g/t Au from 95m, including 1m @ 33.5g/t Au from 96m
• 3m @ 14.9g/t Au from 132m, including 1m @ 38.0g/t Au from 132m
• 13m @ 4.22g/t Au from 89m, including 2m @ 16.8g/t Au from 92m

Bird in hand project
Maximus has finalised a Sales Agreement with Terramin Exploration Pty Ltd, a subsidiary of ASX listed Terramin Australia (Terramin) Ltd to purchase the Bird in Hand project and five adjoining tenements in July 2013. Maximus can receive upto $3.5 million, 25 million FPO shares in Terramin plus a royalty for gold production from the Bird in Hand project.
Resource
The resource estimate consists of an Indicated Resource from 340 to 220 metres RL and an Inferred Resource from 220 to 20 metres RL and totals 598,000 tonnes at an average gold grade of 12.3 g/t for a contained 237,000 ounces.

I would assume only the above two gold project would generate free cash flow above 10M AUD.
And in the meantime we have Narndee Nickel project and other Lithium project, and a few other projects.
Very diversified and safe.
IMHO