MXR 3.57% 2.9¢ maximus resources limited

definite re-rating underway,dont think this is a one day...

  1. 27,119 Posts.
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    definite re-rating underway,

    dont think this is a one day wonder,

    market has to realise the nature of the value, and esp. c.w. peer.

    Once this happens, and it is compared with peer, the real growth will happen.

    Stock close at 29c, high 32c., 12month high 38 cents.

    The true re-rate comes to peer analysis, and how far into BFS each are.

    One may offer higher resource, but if it's still in the inferred status,etc, it will rate in the others shadows, but certainly on a different playing field to a junior explorer.

    I think if it gets good exposure, we will see 30-40 monday.

    and probably deserves mid 40's until they can progress further.

    cheers
 
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