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26/02/21
19:50
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Originally posted by Aqua65:
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Minotaur are the JV partner with Andromeda for the Halloysite- kaolin resources . Minotaur also own other prospects . And Minotaur are well- funded for this year and for their obligations for Great White developement . ( 25% of the expenses ) **Listen to , or read transcript of James Marsh interview with Alan Kohler on Wednesday ( 24/2/21) In the interview, James outlines the history - how Minotaur came to own the tenements. How he worked for them but knew of the halloysite via a mate of his from Cornwall . His mate in same field - dedicated to finding kaolin suited for high quality paper etc. expert more . Went to the area Eyre peninsula, discovered or outlined- recognised the halloysite in however which made unsuitable for what he was sent to secure for his company. ( possibly Imerys ?) Minotaur are an exploration company- and seek to partner or spin- off their discoveries and resources achieved . ** But MEP seek to be a longterm income generating company. They, Minotaur, own 25% of the halloysite- kaolin resources . ( ignoring mt hope - which is years away and a specific mineral in itself, as all individual deposits are ) And MEP have stated they will pay dividends- from Great White when into production. They will not hold money excess to beds , and finally reward ongoing very long -holding shareholders. I recommend- ** Read back through months of MEP threads ** Then understand how is clear that will get more income from MEP shares ownership than ADN . Minotaur own these resources, repeat = 25% Compared to ADN market cap - ultra undervalued. And also on future income , likewise— likely in the 2023 financial year at latest . And I don’t think the market is always right . In fact - it is more usually ‘wrong ‘ than right , or mispriced . The stockmarket — short -term is a popularity and awareness contest , but medium to longterm the sharemarket is a ”weighing machine“ . Finding these mispriced , asset rich companies - esp small ones ; and doing a lot of research is recommended. Then having the perseverance & ability to hold companies with good , experienced management with significant shareholders & derisked = key to making profits or capital gains , or if holding ultimately income .
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“Read back through months of MEP threads , the n understand how is clear that will get more income from MEP shares ownership than ADN . ” Significance being for MEP if buying or holding here at this Shareprice level , or at anything like under a mid 30 cents area ie. ** at this market cap , at this extremely lower market cap , compared to ADN . Apologies-( was outside, in dark carpark ,and being bitten by mosquitoes! having just bought groceries ) - only partially proof- read prior to post And meant ‘needs ‘ not beds . All the best .
Last edited by
Aqua65 :
26/02/21