Maronan Metals will be the most scrutinized ASX silver developer...

Maronan Metals will be the most scrutinized ASX silver developer in history. Within days MMA will put out their quarterly report.

This does not mean we are against management, quite the contrary, we respect and appreciate their hard work and honesty.

According to Makcorp

MMA ticks most of the boxes.

1. Nearly all spend goes on projects (7,738,000) versus staff/admin (843,000) last 12 months


2. Directors remuneration is low

3. Project in great jurisdiction with good drilling results.

4. Market Cap/Share Price been consistent with IPO price, where most stocks have dropped considerably last 2 years.

The only box they dont tick according to Makcorp, is that there are no directors trades on market last 2 years. We really hope that directors will start exercising their 25c options and red metal shareholders and Maronan IPO investors start exercising their 30c options. Now is the time.

It has already begun, around $15k has been exercised.

Also Makcorp was concerned that most results were at depth, over 500m, however recent results have improved results in the shallow starter zone. Thanks to philw and wverily for providing more detail on this all the time.

Even though we respect and appreciate their hard work and honesty we will be goong through their quarterly every word such a crucial time in the development of Maronan. Possibly this is the most crucial quarterly of all.