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MEP minotaur exploration ltd

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HCNorth88

63 Posts.

23

18/08/21

12:26

Post #: 55382360
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Originally posted by HarryKane: ↑

New idea.

Do you think the MEP board could be convinced to spin out the 25% of the GWJV & the 50% of NNPL into a new listing, say 100m free shares to shareholders followed by a 1:2 at 50c to raise $25m ?

We would take our entitlement and apply for more! Wouldn't we? I'd sell "Old" MEP for whatever I could get.

Random note:
The silcrete contains the "waste" by-product ADN is developing as the additive to concrete. How much impact will it make on the DFS OPEX numbers? OTOH we know CAPEX is much higher.

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Interesting about the concrete additive, thanks Harry. I'm no geologist...is there any halloysite in silcrete? The patent was based on halloysite so presumably it's a combination of high purity halloysite and silcrete?

MEP Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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MEP, page-6

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