PP - not sure what you mean about using cash, the BRW deal is script, and cash payment for tenements will net back to nil post acquisition.
We should see a change in control for MEP today/Monday based on 50% of acceptences.
The merged group has that many irons in the fire it's hard to see how this management team won't make good of at least one of them. You could ask for a better capital structure for a small explorer.
Looking forward to some great exploration results and commercial outcomes over the coming 12 months
MEP Price at posting:
18.0¢ Sentiment: LT Buy Disclosure: Held
