What they have to offer may be info on the production ramp-up, not necessarily drill results. Still should be positive for the SP- they have always met their timeframe targets so no reason to expect otherwise now, so should be producing 9k T at end 2nd Q with little extra costs.
What concerns me is why was the resolution for the issue of Options to the MD Shane McBride, under the Employee Share Option plan, not put to the EGM as was proposed, and no vote called. It was to be 6,666,666 options, I am sure McBride would not be happy to miss out on those- is there trouble afoot?? There were only 2 resolutions on the agenda, and one was pulled! I have not found any explanation or mention of this anywhere, has anyone heard anything?
MRX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held