MXR maximus resources limited

They had $2.5million at the end of September quarter which I...

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    They had $2.5million at the end of September quarter which I would normally agree is running pretty low. However they also have a $5 million JV that has only just began to explore the Lefroy Lithium package/targets. So they won’t be spending too much out of their ‘cash’ in bank at this stage.
    I do expect a cap raise in the first half of this year sometime so they can also advance their other projects though.
 
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