Simon Rustin was the Executive General Manager of MinRes and was there for 12 years, all through its main growth phase. Mine Services reported into him, and it was one of the big engine rooms of its growth for MinRes, a cash cow. He knows how to put this type of business together.
We are already seeing the first signs of developing this business. The manganese deal will bring cash into the company. The heads of terms with a major shipping group is another.
They are just letting the stock drift right now to flush out all the loose holders. Over the next month or two we will start to see the a new business start to come together.
Earlier in the year Tolga was buying Macro at 0.8c. They have big ambitions for this stock based off Rushton’s experience.
M4M Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
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