M4M 0.00% 2.4¢ macro metals limited

Ann: KFE Announces Share Purchase Plan Results, page-20

  1. 2,985 Posts.
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    Gday Oliver87, I don't believe anyone can genuinely answer that question unfortunately.

    The Agbaja project appears dead, certainly UKwoody makes it clear imo. So that means waiting on the Macro project to fire up. When that happens is anyone guess, the company hasn't progressed anything with it yet. I vaguely remember seeing/reading something that it was two years away before it could be developed in to a cash operation if in fact it can be.

    So wait and hold until better days or sell.

    This is not advice but these are the options as I see it.

    Nothing appears to be happening in the short term, except may be kicking out the useless Board of Directors. Has a there been a change of directors interest notice? Did any directors participate in the SPP as they "intended". These guys are a rabble.

    Bring back Phil Ashley, Mal Brandon and John MacLean I say, they were men of vision and hope.

    Whadya reckon @adelaideoval?


    Last edited by Chiller: 21/05/22
 
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