MXR 3.57% 2.9¢ maximus resources limited

Ann: Wattle Dam Gold Project Resource increases by 250%, page-8

  1. 1,009 Posts.
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    Even with an in ground value of $50 per ounce, it’s $16 million. Add the cash to make it almost $20million. That’s without the upside of the offshoots and other targets. Without the nickel and lithium potential.

    given that the majority is open pit, the location(close to mills), the reasonable grade and the further upside potential….I think $50per ounce in ground is very reasonable.

    Great value, we just need some more news to build momentum. Nickel exploration commencement, positive wattle dam offset results, lithium news??
 
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