Hi Roy, yes I agree a quality Lithium project can still materially improve the SP. Bird Rock may have the goods?
Going into gold production can be fraught with risk however I think MXR has several options considering our close proximity to mills and other infrastructure. It will be good to get some clarity on what pathway is going to be taken regarding getting into production once the company decides on the best pathway forward.
A takeover by AAR would have to be agreed upon by BCN and other major shareholders but it is thought provoking considering they are so close to us and the combination of the two companies has merit based on a processing facility that could service both companies resources. Our grade and certainly the ability to add many more ounces with further exploration would improve the economics of a processing facility built by AAR. It probably makes sense to have some sort of arrangement with AAR should they build a mill just over our fence?
I think there is a lot to consider for MXR having our current resources but more importantly the ability to put on many more ounces by further drilling out our known deposits. We certainly have sought after ground in the current gold environment and we are considerably undervalued but as you said hopefully the worm is turning. Long suffering shareholders will hopefully have something to smile about soon!
Hi Roy, yes I agree a quality Lithium project can still...
Add to My Watchlist
What is My Watchlist?