MXR maximus resources limited

Ann: Full Year Statutory Accounts, page-4

  1. 1,630 Posts.
    It would be interesting to know why?
    Page 36:
    . . .'The Billa Kalina project changed its name to Mille(r)s Creek during the year'.

    Anyway -
    Page 5:
    Re: Millers Creek,
    . . . 'it is anticipated that formal agreement
    should be signed in H1 2014/2015'.

    Page 13:
    Options # 96m @ 2c. @ 30/4/2015.

    Page 11:
    Directors' options (included in the above)
    # 32m.

    The delay in 'signing' Millers Creek may
    seem to indicate an increased risk of the
    above opos (unlisted) not 'getting in the
    money'; as any (successful?) drilling results
    could now well be even after 30/4/2015?

    The corporate funding would need to be
    addressed another way:
    BUT for punters,
    an option on success would seem to be presently, far more cheaply (AND covered by other corporate assets) accessed, by an on-market 'head' purchase?
 
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