MCR chart, page-104

Well this all looks to be a bit of a fizzer :-( . What I recon might happen is that Twiggy will hold the vwap down to 50c or below for about 6 months and then(if he hasn't already) stitch up a deal with MCR for funding the mining, then will join forces to acquire 100% of Mincor's outstanding ordinary shares by way of a scheme of arrangement.

They will then offer a cash consideration of $0.65 per Mincor share, representing a 30% premium to the six-month volume weighted average price of $0.50. So there would be quite a few share holders that will get SFA.

And Twiggy being the #1 share holder with approx 47,669,311votes -13.78% (at last count)will be hard to vote against.

At the start, I thought that having Twiggy involved, was a good idea. But I'm starting to have second thoughts now.

Just my thoughts of what has been happening to the sp of late and what I read between the lines of what might happen in the future.

Open to your thoughts guys & gals....