MEP minotaur exploration ltd
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ADN has just entered a JV with Peninsular Exploration, scooping...

  1. Ashentegra
    6,034 Posts.
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    12/08/21
    12:40
    Post #: 55233285
    ADN has just entered a JV with Peninsular Exploration, scooping up four tenements neighbouring the GW JV. The price is modest.

    Good move. It puts its foot on twice the prospective area.

    MEP holders would rather this happened within the GW JV yet it is a 100% ADN initiative.

    Hmm.

    This will make the ultimate resolution and relative valuation of the JV more difficult, more arguable.

    Ash



    MEP Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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