MEP or ADN, page-605

jophda

That's incorrect. Some ADN holders have been selling ADN and buying MEP. I personally wouldn't do that because my average price for ADN is 4.7c and I would have large tax implications in doing so. I hold plenty in both

The large discrepancy beween the two is because MEP shareholders don't understand the H-K projects.
All the announcements about the H-K projects have come directly from ADN. MEP BOD issued 2 pages in the AGM presentation explaining what MEP should be valued at and yet people still sell. The rest of the presentation covers all of the other copper and gold projects. There is no detail of the GW project or metion of the Hammerhead resource or mention of the upcoming DFS or mention of the Pilot Plant being commisioned this month in Newcastle and all of the exciting Nanotech opportunities which MEP has a 50:50 partnership for etc etc. More needs to be done in terms of getting awareness out to the market that MEP is a 25% JV partner of ADN.

MEP needs more coverage of it's involvement in the H-K projects that ADN is managing. Then and only then will we see MEP valued much higher.