Member Info for Sundaysun

I do not agree with remaining silent when management do not perform their duties.It is only frustrating in terms of the lack of competence shown..I am more than able to sit it out and wait for the result...but accept whatever management do..no matter how ridiculous? Not me.I have Emailed Mike Buck..I'm not just blowing in the wind here..I've told him in no uncertain terms what I think..I've told him I expect much better than this and that to have a drill suspended for the reasons given is not an acceptable level of management.The bottom line here is...You look at who has the power to stop you and make sure before you start that you have approval...That is what Mike is paid to do..

"It dosnt make sense to blame Mike Buck " Really what planet do you live on.He is the CEO..it was his responsibility to secure ALL paperwork from every source that could stop progress.He failed his basic duty to shareholders.Utter incompetence in my view.He better pull his finger out an resolve this very soon.

There is no getting away from Moke Bucks failure to secure approval from every party that can halt progress.School boy management.I would guess that he asked to continue while resolving the issue and was refused.I cant think that it's a simple matter of a sign off as some are saying.Mr Buck has let every shareholder down in failing to be drill ready.

I agree with WC.on what basis do people assume this is a minor problem? Does anyone have experience in the local politics.? It may well be a small delay but it's one that I blame Mike Buck for..We have had months to make sure that every possible objection is covered.Its no excuse to say that this hasn't happened before...You make sure that everyone who has the ability to stop you is happy..end off..Not at all impressed even though the investment case has not changed.

Much of the recent "news"items buyback,exchange of share holdings etc are side issues.Rykan's post is to the point.We are entering a sweet spot and Adultblock is the transformational event of the year..Guidance will be lifted and a dividend cant be far away now.I alo agree that we must be a target now.

In simple terms,the breakup value of this company is 11/12p ie no enterprise value.Add in the enterprise value and strip out $6m costs pa and you get to the kind of figure I expect a buyer to pay.16p +

Although we have a 40 day to TD estimation, the operator has said they can do the job in three weeks.probably a bit ambitious but I think we will be well in advance of 40 days.

I agree with you Bakky.Im a buyer more than ever ,even though I find this stock frustrating.The heavy lifting has been done,strong trading with predictable "channel"revenue,R&D projects working,lots to come from blockchain and Adultblock , very real prospect of aquisition,institutions want our stock and near term dividend payments.Too many positives for me to contemplate an exit at this price..atb

Will be marketed shortly...huge revenues to come from that imho..It wasn't expected to go to market until the ten year renewals came up in 2021..xmas comes early...

I'm.happy to see a broader Institutional holding and to hear that business is continuing to perform well.I find Toby tends to underplay success , and I feel guidance will be lifted at some point.(my opinion but hinted at in the financials)...

Just had a chat with TH..No problems at all here..Its part of a process to bring in new investors..Trading is also looking very good and in line with trading statement...Rather a bullish development...Institutions want MMX stock...whatever next...

I believe he is an honest guy and will have a honest motive for his sale.Everything he has posted had been positive and balanced and he still holds a large amount of stock.Its unfortunate and unwelcome but the fundamental performance of the business is strong.

I recall that they let go of stock last year at the time of the ICM aquisition and then bought back into the market later.I agree with Silverblade on this one.Unhelpful,for sure, but against a background of strong growth and operational success.

HH is all well and good but we need to know what is happening with the other assets.A progress report is essential together with a strategy going forward.Come on GF..this really isn't good enough.

Indeed,very nice asset to have.Unfortunately it's no use having something and not progressing the asset.We need some direction as to what Alba are going to do with the various plays.At the moment we seem to be rudderless.

Excellent find.This is a transformational area of activity for MMX.

Is not the best month in which to expect news but we are well overdiue for something. This company needs to focus on one or two projects,farm out or sell other assets and start thinking about the shareholders who have taken a hammering over the past year.Pull your finger out George ffs.

Wonderful news...What a start to the week.

Yep it was Gherkin that did for me...As for many others too.Experienced and inexperienced both went for it..Anyway,done now.As for now,I think we are being played, more than happy to be wrong but that's how I see it.Keep the wages going and let the saps think I'm doing a deal.

I have stayed away from this board and accepted in my mind a total loss of investment.I do not trust JP.He is a monumental bull****er and has always failed to deliver.I strongly suspect he has deluded himself into thinking that majors will come running with cheques in hand..and that we will pay the price.My family savings have become his family savings and it continues..Anything I get back on this pile of **** is a bonus..