M4M 10.5% 2.1¢ macro metals limited

hi aTxthere are some things that can be done short of a full bfs...

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    hi aTx

    there are some things that can be done short of a full bfs to move the price (albeit they form part of the bfs so I take your point).

    for a small amount of money (about A$350,000) the new management could complete the recommendations of the scoping study that was completed just before I left. I priced up the follow up work but didn’t ever get to carry it out.

    this was mostly further met work which would allow greater clarity on processing costs and most importantly a finalisation of the chosen process flow chart which would allow more clarity on the capex and thus potential irr etc. For all the confidence of the presentations kfe still needs final clarity on these issues to really know how to move forward.
 
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