M4M 0.00% 0.7¢ macro metals limited

Ann: Summary of Phase 1 Metallurgical Test Work P, page-12

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  1. 1,137 Posts.
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    re: Ann: Summary of Phase 1 Metallurgical Tes... I'm no expert but I think in these type of spec shares; the market is more reactive than proactive. If I wasn't already a holder and looking to invest, kogi has done nothing to entice me to buy..it is just another spec, low volume share with hope. I think the smart people in the know are always looking to make money and with the volumes they trade, they'd want to be certain. This is where I believe the marketing has been horrible, they've given nothing concrete apart from the maiden JORC for investors to line up for. My opinion is that the board is just lining this project up to sell, no care for a falling SP, more so prioritizing a sale able product. Which is fine, it just leaves us weary holders a bit nervous. It has promise and I guess promises can be broken so with the next announcement is like to see less ambiguous comments and results but a concrete report of where kogi sits. If not, im sure they'll lose a lot of investors. The board stands to make nothing unless SP is >28 cps so my opinion, and that's all it is, is that they are trying to tick every single box to make this the best marketable project to potential buyers (xstrata) and release with a bang. So Maybe that is smart marketing? I don't know, but for now I believe they know what they're doing..it would just relieve the nerves if we had a rough idea of their end goal...hopefully we can win here garggs..praying for the best!!!
 
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