MQR 13.3% 1.3¢ marquee resources limited

Thanks. If this is what will be announced then I’m thinking...

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  1. 662 Posts.
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    Thanks. If this is what will be announced then I’m thinking looks good, game on.
    Understand that the SP has been uninspiring for a few months, but I’d bet that while some of the sellers may have been the institutions and mate’s mates so to speak, some of the downrampers here today have likely joined them selling into the news that was becoming a bit too predictable… so the SP is what it is, as they say.

    What interests me more is the progress being made, and while it’s been very good, it hasn’t had 9+1 bags written all over it… not yet… but the potential is there imo.

    Knock management if you will, but one of the reasons I’m still buying here is because I think management are the real deal - and hungry. I like a hungry management. There are plenty of companies that take forever to do anything - you know the lifestyle types I’m talking about. MQR doesn’t fit that bill. I won’t repeat what you’ve written in your post, but that line-up of work isn’t what you see on a lifestyle-company’s agenda. One or two big hits and we are away. Our MC still less than $30m …with assets in the best commodities in the best jurisdictions in the world.

    A bit annoying to wait for the big boys to get set, and patience required. But when this gets rerated it won’t be on hype, it’ll be because we know what’s in the ground… selling on news doesn’t work forever.

    Oh, and gone are the days when a CR is all bad. The devil, or the angel, is in the details…

    GLTH
 
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