Hi,heres an updated collage of the Patterson leases bordering ENR......the 2 red lease are MDS 100%and should be granted soon as there were no competing applications.The blue leases are part of the JV and MDS has 33.3%,the ministers decision on ABY's appeal awaits.These two blue leases are very nicely positioned on the faults.In terms of nearology it doesn't get much better! If ENR can prove up a substantial find at BM2 then MDS is very nicely positioned.When you consider the respective SP's and MC's of ENR and MDS then MDS seems to me to be a steal at these prices
MDS Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held