ADN gives you exposure to Mt Hope which is not part of the JV with MEP. ADN are also pursuing related industrial minerals opportunities (also won't be part of the JV).
However on $ for $ basis for share of cashflow from Great White / Hammerhead and Camel Lake and potentially HPA, MEP is an attractive buy.
MEP need to work on educating their shareholders on the strong cashflow that will come. The AGM would be a good opportunity for them to do this.
MEP Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held
