MXR 3.23% 3.0¢ maximus resources limited

Ann: Sale of Burbanks gold Milling Operation in WA, page-21

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    stephok what on earth is wrong with the deal that has been proposed ? Surely this deal with Adaman Resouces provides MXR with a good way forward. It is presumably a better deal than the long drawn out one that was attempted with GBF. GBF was dragging the chain and that could have put MXR back in the mire. This way MXR will achieve a debt free status anyway, also have solid money in the bank, and start to progress its ambitions to develop some of its own projects to become a producer.

    Yes it was a bit of a change or twist at the end but a very understandable move given the circumstances.. As a shareholder it has given me a sense of security about the future prospects of MXR and good on Kevin for having an option A and an option B at least to work with. That is good management and shows he is doing his best for the company and the shareholders like you and me. I am glad to have him leading the team.
 
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