David Breeze's biggest achievement in the last 15 years, i believe, was actually drilling the first well in PEP11 and getting the MEC SP up to about $1 during 2010. It could (i think will) happen again, and I dont want MEC to miss out while the current board twiddle their thumbs in a year long trading halt sending out rubbish updates every two weeks that take us nowhere.
David Breeze's second biggest achievement in my opinion was his recent hugely successful CR over at BPH. Massively oversubscribed to the tune of 1.5 million dollars. What a position to be in for a small cap, to have to beat investors off with the old refund stick. This success was pure PEP11 and it is looking more promising as each day passes.
There's nothing wrong with looking for other investments for that beautiful tax free profit status to bring new investors in. But right now, there is nothing, zip, zero, squat up MECs sleeve other than PEP11. I am truly flabbergasted if you can't see the potential in PEP11 drill number 2. What did you ever invest in MEC for if not PEP11?
I'd encourage other MEC holders to place their opinion on here as we head towards voting for a new board including David Breeze. There are currently very very few of us actually commenting and it would be a shame not to get some serious debate going as to the company's future...
MMR Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
(20min delay)