MDI 16.7% 1.5¢ middle island resources limited

Ann: Sandstone Feasibility Study, page-23

  1. 9,303 Posts.
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    hello holders.

    I came in for Barkly a few weeks ago and then decided to shift that capital to SER for the same area. But I've been pondering re-entering because of the proposal to float the Barkly assets - if they were distributed in-specie I would want to get some.

    The question I'm wondering now though is, given this looks like a no go for Sandstone (who's going to finance that level of marginality), do holders think a Barkly spin off is not going to happen? Ie the company will need to keep those tenements on their books to be part of a likely hot zone or exploration.
 
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