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.
MDI Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
