The draft detail to ASIC to comply / clarify, followed by the scheme approval by shareholders prior to the 23 Oct signature of contract, should begin to rise the SP ready for rerate and the market should be aware of the position on the " Timepath ". and valuing MOD's rising SP spliced into Sandfire's. to give an indication of next Dividend payable, bearing in mind the good end of quarterly figures due out soon. This tells me to expect some reward in this respect in their next issue. To clarify.......the main objective therefor, is to pre empt the oncoming inactments of the timetable...which will allow all the rest to fall in place. Iff you don.t heed the scheme and where we are in it......you will not be taking advantage of the unique state of affairs which is being presented to you for judgment now. In MTR case, the situation is favourably compounded by Kalahari Metal's potential and another possible aquisition by Sandfire........all this, so why waste time and speculate, when you should be loading up fast. We will soon be blasted by Broker comments......and Sprott's conclusion of affairs.........30July is really the verification of Sandfire's public announcement and sets the timetable rolling. ie.....the cue to move fast now ? Best Regards and good luck.
MOD Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held
