MXR 2.17% 4.5¢ maximus resources limited

maximus selling gold at au$1900 an ounce, page-45

  1. 2,475 Posts.
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    i wonder how much of the $800k they raised was from FMS?

    so they now have $1.6m or there abouts in cash, they spend $1m pa just on admin costs so how are they going to develop anything with the extra $600k?

    it points to another cap raising in a few months time and more dilution.

    if you think selling a few nuggets for $2k each is gona cover costs good luck to you.
 
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