MRQ 50.0% 0.2¢ mrg metals limited

Ann: 31.12.22 Quarterly Activities & Cashflow Report, page-4

  1. 1,198 Posts.
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    not only sideways, historically its gone down over 3-4 years.
    CR’ simply pay the directors $100k each per annum
    yes, its going to take quite some time to digest the latest CR.
    announcements are weak @2ic ?
    ask yourself….. how come a major hasnt taken this deposit out by now at “ such a small cap “ in $ terms.
    I did believe in their prospects and got burnt. Now I watch and wait for the inevitable.
    DYOR … what levels have the Cr’s been over the past 3 years… try charting those.
    it seems the latest CR participants will keep a lid on the SP at 4 for the foreseeable future and just pocket the oppies, just in case the rabbit comes out of a hat.
    just my warped opinion, not investment advice.
    as the old saying goes… buyer beware


 
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