MXR maximus resources limited

I'm guessing mxr will have its on processing mill constructed as...

  1. 5,744 Posts.
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    I'm guessing mxr will have its on processing mill constructed as no-one likes a 12+ yr timeline.. I'm not an investor here other than the 20% BCN ownership.

    Dilution to build the mill will hurt.. BCN owners (lol) financed it off their own back with risky high interest debentures and paid it back in less than 18months when gold price was low and grade as also very low under 1.5g/tonne.. the magic has long since vanished as the gold price rocketed these guys just diluted us hence my negativity.. possibly the plan is to take both private and then commence milking of profits once taken over and making both projects as low market cap as possible in the meantime through ASX antics. (Certainly how it appears if you compare SP to gold price it has a negativity be correlation)... #nightmarefuel
    Last edited by 1for1: 12/12/24
 
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