Just firing off an email to big kev about communicating to the market more clearly in terms of adding shareholder value. I would like MXR to come out with a briefing where it puts time frames on several of its projects - production at sellheim; a windimurra JORC Fe/Va resource and tighter 'time and effort management' of other less developed projects. Coupled with these time frames would be targeted outcomes on a per share basis. By doing this MXR would really be giving a statement of its intent and something by which management could then be lauded or rebuked - an accountability that the market loves and a great way of attracting wider broker research and media interest.
Given MXRs size and inability to rattle any WA govt cages, I also suggested that spin off options for Narndee should be addressed. It is important for kevin to keep front and centre that he has a duty to current shareholders to realise current value and the depressed SP does nothing for anyone, and I suggested that option holders also have a strong interest in fixing this by june. By focusing on driving the SP to a time frame MXR can also start to recreate the momentum it lost during its capital raising.
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Last
3.0¢ |
Change
-0.001(3.23%) |
Mkt cap ! $12.83M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 3.0¢ | $291 | 9.703K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 263632 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 263632 | 0.030 |
1 | 101647 | 0.029 |
1 | 60000 | 0.028 |
4 | 185731 | 0.026 |
1 | 39999 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 5000 | 1 |
0.034 | 75000 | 1 |
0.035 | 740810 | 2 |
0.037 | 53268 | 1 |
0.038 | 408900 | 2 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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