M4M macro metals limited

9.09%

1.0¢

Nothing unusual or untoward about subletting out contracts if...

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kevscranes

5,197 Posts.

932

01/05/25

08:14

Post #: 78872168
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Originally posted by Tigerthecat: ↑

Good run-

through Prolificinv. Plenty of management teams inject projects into their own companies, and there is nothing wrong with that as long as it is a good deal for shareholders. The other directors own substantial positions in Macro and would have made sure the numbers stack up and are strong enough to win approval from other shareholders.

Macro is getting some initial work providing exploration and mine-planning expertise, as well as validation of the historical data. This is good to get cash flow into the company immediately and gets the ball rolling generally.

REGROUP is a third party and would have had to be comfotrtable with awarding Macro the work. From the calibre of people in Macro, it looks like they have plenty of experience and expertise. It is good that the management are stepping up with this to get the show on the road.

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Nothing unusual or untoward about subletting out contracts if your own books are full and you have more work than you can handle.
Sorry that reply is meant for the new poster ashbo.

Last edited by kevscranes: 01/05/25

M4M Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 1.0¢		Change -0.001(9.09%)		Mkt cap ! $39.77M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.0¢	$88.45K	8.757M

Buyers (Bids)

No.	Vol.	Price($)
5	4502212	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	2004076	3

View Market Depth

No.	Vol.	Price($)
4	1550000	0.010
15	11824644	0.009
12	5135010	0.008
8	5015665	0.007
6	1178581	0.006

Price($)	Vol.	No.
0.011	2004076	3
0.012	2284545	3
0.013	200000	1
0.014	704557	3
0.015	634244	3

Last trade - 16.10pm 13/06/2025 (20 minute delay)

M4M (ASX) Chart

Nothing unusual or untoward about subletting out contracts if...

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Zip's stunning comeback: Is this the start of a $14 revival?

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Buyers (Bids)

Sellers (Offers)

Featured News

Nothing unusual or untoward about subletting out contracts if...

Top Stories

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

Zip's stunning comeback: Is this the start of a $14 revival?

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Featured News

Buyers (Bids)

Sellers (Offers)

Featured News