The lithium work can't just be a 'ticking over' style job, as KOMIR do have a get-out-early option. MXR need to demonstrate some real Lithium potential beyond the known prospects in that Lefroy-Wattle Dam corridor if they want access to the Korean funds. Such is life.
Lithium & nickel will come back, but it could be years. Painful! MXR are lucky to have the gold resources to fall back on but these have ended up at relatively marginal grade. Challenging to sell 1g/t dirt in that part of the world.
MXR Price at posting:
3.4¢ Sentiment: Hold Disclosure: Not Held
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