MXR
Click for more information
3.33% 3.1¢ maximus resources limited

19.8% holding of MXR by BCN Beacon Minerals ($100m MC) and their...

  1. nkat2007
    1,311 Posts.
    lightbulb Created with Sketch. 1101
    clock Created with Sketch.
    01/08/23
    20:29
    Post #: 69106753
    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.

    https://hotcopper.com.au/data/attachments/5473/5473601-af1cbd7c04b07987c759c28e0b4e2a60.jpg

    MXR Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch. 1  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

PV1 Provaris updates on progress with Uniper under hydrogen MOU – not long after interesting ASX response
right-arrow Created with Sketch.
TPG ACCC says no issue with TPG Telecom and Optus Mobile sharing regional networks; spectrum
right-arrow Created with Sketch.
RBD Restaurant Brands posts record sales in half year report for FY24
right-arrow Created with Sketch.
STX Strike hits "significant" 28m of net gas pay downhole Australia's deepest ever gas well; extends system east
right-arrow Created with Sketch.
NEWS ASX explains: How 'futures' are predicted
right-arrow Created with Sketch.
GBR Great Boulder hits fresh gold finds to the north of Mulga Bill in Meekatharra, WA
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MXR (ASX) to my watchlist
(20min delay)
Last
3.1¢ 		Change
0.001(3.33%) 		Mkt cap ! $13.26M
Open High Low Value Volume
3.0¢ 3.3¢ 3.0¢ $15.32K 494.9K

Buyers (Bids)

No. Vol. Price($)
2 132814 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 575000 2
View Market Depth
Last trade - 14.42pm 06/09/2024 (20 minute delay) ?
MXR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.