I've had a quiet weekend off HC to give myself time to digest it all.
Until we drill it's still very speculative.
Extremely disappointed in the 1300 offer from the Board. I understand why they did what they did, doesn't mean I agree and won't be accepting this offer at this time.
I keep asking myself why are MIN pushing so hard to clean up NWE? They can and have accepted the derisked option of going ahead with it, and when they talk about the potential size... No wonder
1st preference to see the 2 drills completed and flow tested. By that time I hope the 3D would be coming back in parts, if all successful should see NWE go past 12 cents, would solidify the Lockyer area
2nd preference - have a bidding war like WGO and we can get somewhere around 10 to 12 cents would be nice
I don't want to leave too much on the table and jump early.
I'm looking at this as a poker game, and while not giving much away it seems MIN have a tell and it's now up to others if they fold or hold for the flop.
Thanks
Mike
