MXR 3.23% 3.0¢ maximus resources limited

Ann: $3.2 Million Mill Lease and 50% EGMS Sale Package, page-160

  1. 10,596 Posts.
    lightbulb Created with Sketch. 2095
    IM quite surprised to see the same names here after all these years after selling out and taking a 100k loss ,the remaining proceeds helped me get that loss back.
    My previous holding would now only be worth about $100 if I had not sold out.
    The company seems to be on track now after the consolidation and 3.2 million lease sale debit retirement plan that will give the company also cash to look for a new acquisition.
    Certainly some value here now with current assets bird in hand cash to be received and royalty values.
    A lot of similar good value at the moment with many other stocks ,but will keep a eye on this one.
    A Li Co acquisition would get me interested ,but may buy in for the good shell value.
 
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