Great timing for this thread GB. At a time when people have no idea what to invest in, and so are basically just buying blue chips, MEC trading again will be fantastic for shareholders who have been without their investments for 4 and half years, and not only that, they stand to make a substantial profit.....TAX FREE.
I, like all shareholders i would suspect, will be taking up their rights in the raising and i do think 2.5 - 3c is achievable on relisting, and then if PEP11 is approved it could even double from there. All in my opinion of course but when you look at the lead up the last time PEP11 was drilled MEC was valued at over $100 million.
Hopefully prospectus not too far away.
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