M4M 4.00% 2.4¢ macro metals limited

Ann: Placement, Board Change, Acquisition of Exploration Licences, page-37

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  1. 247 Posts.
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    Still scratching my head over this one. These big shots did not need to join the board necessarily to get the NSR

    Goldsworthy I think is awaiting tribal licence that could take one week or one year to arrive

    Also none of these guys seem that loaded up with M4M stock from what I can see…. So why are they bothering with this micro cap?

    Goldsworthy looks like a binary play, so what is the back-up plan? It is quite an easy stock to add value to given the names involved.

    not sure the co has enough cash right now to move forward in a meaningful way.

    Looks like stock is being mopped up, but that is just a guess because I have no idea what the register looks like

    rather hoping it is being prepared for a bigger raise at a higher price, with key actors getting loaded up with more stock and opies (which would be a good thing). But I’m just shooting in the dark on this

    Lastly the optics around this stock are dreadful. Website not even updated for co name change from over a year ago. Looks like zero IR/PR despite $1m annual g&a

    any enlightenment would be welcome Kev….
    Last edited by Tigerthecat: 18/03/24
 
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