MXR 0.00% 3.0¢ maximus resources limited

kev wills talks about massive fe target, page-12

  1. 1,756 Posts.
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    Hi fatstocks,
    np, I appreciate your posts and additional content you share with us.

    MXR have approx. as many shares as WVL ( 140M shares on issue) with a market cap of 20,3 M AUD$ while 16 M AUD$ is cash or cash equivalents.

    Looks like MXR could turn out to be a potential multi bagger in the upcoming months. Cash from Sellheim will fund their continuous exploration and the development of BIH, Canegrass etc..

    MXR have no debts and will soon be master of their own destiny. I surmise we shall see a cashflow of 3,5 M AUD$ / quarter generated by Sellheim.


    Cheers
 
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