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20.5¢ minotaur exploration ltd

Ann: Trading Halt, page-54

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ChinaGold

786 Posts.

1058

09/11/21

14:15

Post #: 57429432
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Originally posted by Artline70: ↑

the paradox is, the better the deal for ADN, in the eyes of the market, the more their scrip becomes worth to MEP holders. The better the deal for MEP, presumably this might drag on the ADN SP, so could end up in a similar or worse outcome. Going to be interesting who thinks who gets the best deal here, but ultimately, the project should remain on track and hopefully this is another major market milestone achieved.

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I think you just nailed it.

I think MEP holders have to change their mindset here a bit.
If it's a good deal (1:1 script or better) for both SH groups then the ADN share price flys.
Like really goes up, with a 1B+ NPV on the DFS.

MEP Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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