mxr research valuations, page-23

Production= cashflow. Im trying to talk myself into buying some shares. I hold BRM ...all they have to do is scrape up the IO and put into a truck and take it to port

a few punters here think that MXR will be able to do that to Selheim. They need to do an EIS, find a workforce,build a mill etc...middle of 09 earliest

it takes a couple of years to get a mine up and going not a couple of months. It really isn't that simple.

from what im reading MXR don't really need a cashlow with millions they have now so it can easliy wait for that flow

im interested because specs can deliver huge returns, an announcement is due and the volume going through suggests the market hasn't really picked up on it as yet
If a selheim announcement can boost it to above 20c then I'll jump

appreciate everyones positive and negative comments!
cheers