bk2409

bk, with that sort of cash you could buy a controlling stake in MXR and get a spot on the board (:-))if you buy everything for sale over the next 6 months under 40c but they are that tightly held it would be near impossible. lol.
If you could get 7m at 20c it would only cost $1.4m but that's impossible as well. Even if you had to blow the sp out of the water it would be near impossible.
Getting smaller 100k parcels slowly is safer and attainable and with the one for 4 bonus options if you could get the heads before the ex date which will be about 4 days before the record date I'd expect, you'd be in the top 20 list. The volumes have been so low of recent weeks, the goal of increasing a stake is difficult if not impossible. A few hundred thousand here and there is the max available on market without inflating the price.
The task will I'd predict, be more difficult ( expensive) when they announce the jorc in september.
I started accumulating in 100k parcels at 13.5c and after the conversion of the MXRO and the bonus options will have the stake target. I expect the next opportunity will be when they do a cap raising to fund the capex if they don't enter a jv with an overseas interested party. Off take agreements would be on the early agenda I'd expect in the not too distant future. If the initial conceptual tonnages are halved , Maximus will still have a resource and forward value of National ranking amongst their peers in magnetite/vanadium I'd think.