Ann: Sale of Burbanks gold Milling Operation in WA, page-12

Well all very interesting. The Mill has proven to be as good as gold in MXR's present circumstances.
This deal could be even better than the one that was being planned with GBF. The fact that GBF/ONX did not get their act together by the beginning of March is a bit of a puzzle. They may come to regret that.

Now one of the other interesting points about this deal is the provision for MXR to have a minimum of 2 years milling capacity at Burbanks of 5,000 tonnes per month. That applies from January 2020. So what does that tell us. Presumably that MXR wants to be in a position to have an operation (gold mine) operating by that stage so that MXR can put its ore through Burbanks.

That looks as though there must be an acquisition in the pipeline or MXR is on target to get a project that can be operating by the end of this year.

The other observation obviously is that so long as this deal goes through on the outlined timeline then it effectively spikes Mr Ruane's guns and removes the object of his desire.
However, let us not overlook that even if the Mill vanishes out of his potential grasp he may well attempt to grab hold of MXR out of spite or because it will be cash rich by May. Take care. Beware.