1MC 3.03% 3.4¢ morella corporation limited

Ann: Stage 1 Operations Update, page-54

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    Hi Egeria, and that's why I would have liked them to move to regular monthly reporting that was announced in advance, eg for the next 6 months we will provide an update by the 5th of the next month or something along those lines. Then everyone knows an update is coming, shareholders are informed on a regular basis and there is no second guessing on why an announcement was released.

    So why now you ask? perhaps it's in preparation for a capital raising, perhaps it's to correct some perceived misinformation out in social media land, perhaps the Board felt it was an appropriate time to update us. Sure there may be other perhaps' as well.

    But if it was a scheduled announcement as per my suggestion then perhaps we would not be asking this question.

    Goodluck.
 
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