that is not going to happen, just too much a price for 25% of one tenement where the JV has no other choice but to stump up the cash or go down to 5%. If I were Andromeda I would go down the take it or leave it path. MEP selling out to a third party also is neither here nor there as ADN will always control what happens and when.
in a perfect world, ADN issues one share for every two MEP and hands over all non core assets. If NN included then one for one inc non core assets…..seems fair to me, but there again I only have Andromeda shares. Remember this also, MEP gets to have a share in all our 100% owned ground which they didn’t before, and that ground could easily surpass Great White in revenue down the track.
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63 | 30080348 | 0.007 |
50 | 20577989 | 0.006 |
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Price($) | Vol. | No. |
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