i'm not a seller, page-10

asf, it will be interesting to see how this plays out I hope we both enjoy watching.

Im not convinced Im between a rock and a hard place if I thought I was Id accept the 1 for 70.6 offer but I think the offer is opportunistic so Im not interested, Im not concerned about share price fluctuation actually if MAS falls significantly relative to MIN I expect Ill top up my holding.

If anyones between a rock and a hard place it may well be MIN apart from the mine there are port assets and tax losses that MIN want to access.

Im pleased to see MIN have announced a closing date for the offer that will probably shake out holders that dont want to stay the distance but I doubt Mighty River will be one of them.

I must confess to having a little chuckle on reading the announcement on a couple of points like, the offer is final and will not be increased, well not any time soon why would they pay more for shares they already have better to close the offer allow the statutory time period to lapse then start talking to remaining holders.

Fear is well known to be a great motivator and MIN use it well warning of potential share price fall post offer and reduced liquidity, I particularly like the bar chart.

I detect an air of desperation in the call on Mighty River to sell into the offer to ensure GST rollover relief is available for former MAS holders.

kastin, like you Im not holding much but enough and can afford to watch this play out Im comfortable with the Auvex involvement so am not worried, I like what I see in MRL and will happily sell my holding to them but not at 1 for 70.6