Ann: Update - Notification of buy-back - MGX, page-6

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bsredoje

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13/11/24

15:51

Post #: 76588361
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Originally posted by Goodheart: ↑

Hi Travvo,

Thank you for your perspective, you could be correct.

It is true that MGX in regard to reporting of exploration results and future investments has been next to zero for the past several years.

For several years the reports have on goingly stated exploration drilling near Mullewa. The reports also stated waiting on assay results yet shareholders have never been informed of any assay results.

I agree with you that good assay results would have been spruiked hard by most CEOs. But our CEO, previously CFO and a CPA, comes across as being very conservative in his nature, he is not a spruiker by nature.

In stark contrast to Peter, is John Welbourne of FEX, previous Wallaby player for Australia, who knows how to spruik and in his presentations can touch the heart strings and rally the emotions.

In comparison, Peter is rather bland and unemotional, more of a pencil pushing accountant focussed on facts and figures.

The last few words in the statement from the recent quarterly . . . "planning for future work and new project generation" . . . shamefully does not even tell shareholders what the resource is that is now moving to "new project generation".

Surely shareholders deserve a little more information of what we have been drilling for near Mullewa for the past several years.

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It's easier if you cut your long story short.................the worst CEO on ASX

MGX Price at posting: 30.5¢ Sentiment: Hold Disclosure: Held
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Last 26.0¢		Change 0.000(0.00%)		Mkt cap ! $306.6M

Open	High	Low	Value	Volume
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12	284642	0.255
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Price($)	Vol.	No.
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Ann: Update - Notification of buy-back - MGX, page-6

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