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Macarthur Minerals Ltd V.MMS

Alternate Symbol(s):  MMSLF | MMSDF

Macarthur Minerals Limited is an Australia-based iron ore development, and lithium exploration company that is focused on bringing to production its Western Australia iron ore projects. The Company has three iron ore projects in the Yilgarn region of Western Australia and two exploration project areas in the Pilbara, Western Australia for targeting iron ore. In addition, it has lithium brine interests in Railroad Valley, Nevada, United States. Its iron ore projects include Ularring Hematite Project, Moonshine Magnetite Project and Treppo Grande Project. The Lake Giles Iron Ore Projects (Moonshine Magnetite Project and the Ularring Hematite Project) are located on mining tenements covering approximately 62 square kilometers (km2), 175 kilometers northwest of Kalgoorlie in Western Australia. The Treppo Grande Project covers an area of over 68 km2. The Pilbara Projects tenements include E45/5324 and E45/4735. The Reynolds Springs lithium brine project covers an area of around 18 km2.


TSXV:MMS - Post by User

Comment by McRambuson Oct 29, 2021 6:22pm
157 Views
Post# 34066436

RE:RE:AGM voting on new compensation resolutions

RE:RE:AGM voting on new compensation resolutions
bigstar10 wrote: The share price is down but not for long! Compensation via shares is much better than cash, and since the s/o is down more shares are required for compensation......all good mate


Really? Have you looked a chart recently? I see a new low and the share price down a solid 50% and going down further. This management is fekking useless and to reward them is absurd. The fact that all this shitt got passed is probably the reason for this crash the past 3 days. Not that it matters cause I don't have enough shares and I'm one of the few that actually reads the proxy materials but I voted AGAINST for everything including directors. Even the auditors got a NO.

As you can tell, I am pissed. They have been at this for over a decade. As the other poster said the BFS is late and they have missed the iron ore boom, again. FU to management, I know you read the forums; you are useless and have the audacity to seek rewards? You have failed shareholders for years. 
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