MGY 4.35% 8.8¢ malagasy minerals limited

upcoming egz news, page-11

  1. 648 Posts.
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    G'day hbg55

    No question EGZ mangement is not standing still. They have achieved more in 12 months than MGY has in 5 years!

    The new Technical Director (MGY) has been with the company some 6 months or so, but his recent announcements to the ASX suggest to me that he has not bothered to go back and read the last 10 QRs/Updates. For my sixpence. the 26 Aug "Discovery of Potential Field of High Grade Graphite" was a regurgitation of known information and hence the drop in the SP.

    With a CR imminent, shareholders want to know how, or as a minimum the options being considered, the required funds will be raised.

    Hopefully, the new MD will have business acumen as his main qualification with 'energy' a close second.

    PLease DYOR as this company causes me a touch of heart burn!!!

    Cheers

    R1
 
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