M4M 3.85% 2.5¢ macro metals limited

JPS hopefully you will either elicit some info from Dr Burston...

  1. 176 Posts.
    JPS hopefully you will either elicit some info from Dr Burston or convince him that the board should update shareholders.
    Progress on DFS is a major issue for (most if not all) shareholders - the board said back in November that giving an update on timing of this was an early task of the consultants and yet not a squeak about it
    Finance is a huge concern for some - with the recent run in the share price the board should be encouraged to try and have the options exercisied
    There may be other CR alternatives (but not another Bergen) to the options but that would disenfranchise existing security holders - many of whom acquired their options when they took up a new issue at 3 cents 3 years or so ago - they deserve a return on those funds - risk adjusted it is much higher than current price
    the board has a fiduciary duty to those people
    the board gave some metrics at the November AGM - why not repeat those with an update on status - not everyone was present at the AGM (I did post on that subject at the time)
    lastly - to add to your shopping list of topics - to the extent possible, an update on Government support would be eagerly digested
 
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