M4M 0.00% 2.2¢ macro metals limited

Ann: Quarterly Actvities Report and Appendix 5B, page-21

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  1. 189 Posts.
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    No funding, no interest from external parties, no payments to directors/CEO, declining share price - WTF is going on!!!!
    How can the company keep trading if it doesn't have any funds to progress the project and meet ongoing daily/monthly committments??

    I am well aware of the latest announcement from the company regarding discussions with potential investors however this has been going on since MW was employed many moons ago with a sackful of promises (and a pretty decent wage) - none of which have come to fruition!!! To MW's credit I have had many discussions with him - both email and in person, however at the end of the day he was employed to obtain funding and he hasn't achieved.

    In addition, the project has been significantly derisked over the past 9 months and still we cannot get an investor on board. Are the correct people in place to progress the project??

    Frustrated to say the least......
    Last edited by Phil0210: 06/05/19
 
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