19.8% holding of MXR by BCN Beacon Minerals ($100m MC) and their processing plant 70km's away from Wattle Dam.
MXR has been painfully slow in getting things moving however this is shaping up like a possible takeover or JV development for the gold assets. Why else would they have made this transaction 6 months ago?
320,600oz Au in ground value of circa US$627mill is not bad when you consider MXR's EV is $6.4m.
There's upside here, question is how long it takes to come to fruition.
Ann: AMEC Investor Briefing Presentation, page-4
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Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.83M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 535166 | 1 |
View Market Depth
| Last trade - 16.02pm 17/06/2024 (20 minute delay) ? |
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Last
2.7¢ |
Change
0.000 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 2.7¢ | 2.7¢ | 2.7¢ | 65907 | ||
| Last updated 15.36pm 17/06/2024 ? | |||||
| MXR (ASX) Chart |
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