i'm not a seller, page-7

kastin,

I'm not exactly sure how this is going to play out but like bendigo I'm sure MIN want 100% of MAS I don't consider 70.6 to 1 reflects the asset's true value so I'm prepared to hold out for a higher offer and I don't think I'm alone.

MIN have had to rely on the Takeovers Panel to force the hand of some holders yet with that they only have 53% at last announcement and that was almost two weeks ago.

The offer is due to expire in a couple of days unless extended, I don't expect the offer to be increased any time soon my best guess is we'll see another extension or two before withdrawal then following elapse of the statutory time period possibly an increased offer.

Until the takeover was announced I was blissfully unaware that MIN existed I have now had a good look at them and I like what I see and look forward to one day being a holder. I understand MIN have the ability to get the mine into production within three to four months if they so choose however I'm guessing that they won't want to do that.

Orvex remain a bit of a wild card, they were forced to sell their shares into the takeover but remain a JV partner in the mine and after two trial shipments want to see the mine in full production sooner rather than later so MIN might not have this all their own way.

Withdrawal of the offer could see a dip in the sp I will be a buyer at around .08 which is a support level and also closes a gap.

Weather via production or increased offer I'm comfortable that MAS will be re rated.

Time will tell

DYOR