hi Fishy,
nice to see that you got your MXR order filled. You got them at an absolute bottom price.
Pretty ridiculous that MXR's sp only reflects its cash ( 9,8 M$) and ERO holding ( around 8 M$).
In other words, you get all their proven resources ( 750m lb U3O8, 250k ounces of gold, Sellheim JORC due in the end of march... ) and great assets for free.
There must be a major re-rating soon considering that they'll be producing gold at a cash cost of only 200$/ounce by mid year.
Chart also says that this is a great buying opportunity.
Cheers
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