Q. Has there been any updates on the newer tenements?
Ian informed me that thet have ALREADY conducted a site visit on the newer
tenements and Allan has been busy in getting the results finalised. This
is because he has been busy travelling and would want to sit down with Ian
and other directors to ensure / finalise the results before they are
released to the market.
Q.Name Change.
Ian has informed that the name change will be done at the AGM next year. Simply
cant call a meeting for that reason only at this stage.
Q.Website for MKY corp.
Ian has informed ( and I agree ) its not economical at this stage to have a website
as will be waste of money. He didnt say 'waste' as a word but said that being
in the exploration stage and coy being infact, he would rather want to spend
in towards developing it than spend on things he doesnt need to.
Q.Is MKY spreading risk/tenements in other states.
Ian responded by saying they have conc on QLD for the moment and await future
tenements being available in other states etc. The impressive I got ( and this
is obviously subjective) is that he is conc on QLD and initial exploration atm
Q.How is the over all confidence within the Directors regards to the future?
(again no director wud say he doesnt have hope with his coy)
Ian mentioned that all directors have money 'tied' in the company and if they
didnt see a reason for that, they wont have invested that money in MKY as this
would mean a waste of time for them and the share holders.
Q. Name Change (Cont)
Ian informed MKY was a media company and was in liquidation and hence some rules
and admin related issues have made it difficult to update ASX re : coy info etc
I find this a bit hard to digest but at t his stage no reason why i dont believe
in IAN.
Ian sounded confident through out the call, but then again which Director doesnt.
It was a good chat with him and he indicated again when prompted that he
'Expects' or he actually said 'hopes 'the results of the sight visit on the new
tenements to be released by end of the week. But again he will have to await for
Allan Blood to get back.
I have faxed my questions ( as I indicated in another thread ) and have asked
Ian to get Allan Bloods view. He has indicated that he has already put this
across to Allan and he will reply.
Thanks.
-Neil
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