Drill PEP 11 Now, page-10

I have read your posts, to cut to the chase, I see our options as follows, If we;

Change the Board
We get the long-awaited drilling of pep11,
The share price will increase, hopefully back up over the $1.00 mark again.
A successful drill will send the share price into orbit.
We keep all our interest in PEP11
Retain the present Board
We wait another 3 to 4 years for the 3D survey to be completed.
Add to that another year or two to put finance and drilling contractors in place.
Mec loses 70% interest in PEP11.
Investors patients will wane.
The share price will continue to fall until it is zip.

I seems like a no brainer to me. As for me, if there is no change of directors, I will be the first one out of these shares. I will get what I can for them, and move on looking for a better deal.

Cheers
Grinners are winners

NB: Did anyone get a white “Yes” form with their package from Mec? I only received a green “against” form. Shouldn’t Mec have posted out both forms to everyone?

Grinners are winners