M4M 0.00% 2.4¢ macro metals limited

OK so from a positive tilt. You are betting on: Pilot test...

  1. JPS
    927 Posts.
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    OK so from a positive tilt. You are betting on:

    Pilot test reveals brilliant end product. Gain an off-take agreement (hopefully with achievable parametres.
    Early finance say $5m by overseas / UK investor.
    Prelim FS.
    Larger pilot test. Say 150 tonne plus.
    Results, decision to proceed
    etc etc

    or the other option is to sell outright. Realistically try $15m (but needs to be within 6 weeks)

    or ... its what you do to paper airplanes

    I feel the Chinese consortium will have passed you. Hence early paper planes option may prevail
 
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