M4M 14.3% 0.6¢ macro metals limited

wow, page-13

  1. 2,959 Posts.
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    Wildyxxd
    I agree the beneficiation will bring the grade up .I thought it would be slightly higher than 58% all up .
    Thats if the met work is successful .
    The entry price for many of the early birds was close to 2.5c and special people 1.5c so at 11c this guy must be losing money .Very expensive ego,s.
    Talking about the biggest share holder Ian Whiteley and TGP which many of the board belong to .If they have spent $10 million as the report suggests they would only need to get 50c a share to make a very substantial profit with approx 85,766,667 shares held .This is well short of the figures quoted by many of us in the past .In this market I am not sure how much they would hold out for.
 
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