With reference to your original note, interesting also to look at MMW, whose SH voted with their feet earlier this year that they would rather have PAN in the drivers seat, against MMW board recommendations. MMW was another company with good projects but suffered under the same counterproductive factors that MGY is now dealing with. SH emancipated themselves.
Q8. The chairman of MMW was? Q9. The (pre-T/O) performance of MMW was? - H/L/Current SP?
The record speaks for itself. I wonder what the SH response would be if EGZ were to make a bid for MGY?
As you have correctly pointed out, the new consultants MAY inject some life into things-I too live in hope. The nature of the association also means the potential to put several new faces into board seats at the right time and at short notice. Long overdue IMO.
MGY haven't even scratched the surface with the nickel project at Ampanihy - can't believe they've done NOTHING there since 2010.
MGY needs some new faces on the board to lift management quality into line with project quality. Replacements not additions.
Note to MGY: Fewer lawsuits; more drilling. Oz
MGY Price at posting:
4.4¢ Sentiment: None Disclosure: Held
