Mas's over 10 years focus on technology which has not provided with any return so far but have diluted 50pct of its most valuable asset. it finally to be bury with old board!
Thanks for two EGM called, bring in MIN to the company first,(i don't think old board would recommend MIN into company if EGM have not been called) although bid price has not fully represent the MAS mining asset value if it is in production but has singificantly represent CHANGE Focus to Mining how much value can be unwinded!
Throught second EGM, with offer become unconditional and new directors come on the board, MAS now set for sailing in nice wind.
Although, Two meetings have not got passed but Wonderful results have been achieved for MAS shareholders!Good to have MIN as largest shareholder and hopely Mighty river shouldn't be disappointed!
MAS's FUTURE:
1. Forming stronger management 2. ready producing asset at right place at right time
two major shareholders MIN and Mighty river entry price about 10cents, One strong in production the other strong in commordity market. it represents that mine can be mine compatitively and manganese is right commodity!
these are my views!
MAS Price at posting:
10.0¢ Sentiment: None Disclosure: Held
