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20.5¢ minotaur exploration ltd

That would be moot.

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unwarranted

140 Posts.

20

08/12/21

23:58

Post #: 58174385
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Originally posted by ChinaGold ↑

Me too.
However, an Imerys or Boral, etc would replace MEP. Pay it's 25% CAPEX without even blinking.
Then liking offer FULL financing on the GW project so they don't even need to think about DSO.

Personally, I prefer ADN owns 100% but, I also want the best return for my money. A 2nd bidder drives down ADN's sp while MEP rockets up.
Once I feel MEP shares are at full value, I'd go all-in on the newly discounted ADN shares and ride the GW story for the next 5 years.

Again, again, in 2-3 weeks it's all mute.
The offer closes in 6 weeks. Feb 2022 will be a new era for ADN+MEP holders going forward.

GLTAHs

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That would be moot.

MEP Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
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