MEP 0.00% 13.0¢ minotaur exploration ltd

Ann: Drilling progress, Cloncurry & Prominent Hill,OZL-MEP.AX, page-18

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  1. 1,751 Posts.
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    Well if you're a big player We9smia, closing your OZL Put tommorrow might rescue my OZL Call!.

    The negative for MEP today is that its narrowed down the number of potential targets they had.

    The positive it seems is that the EM targets at Iris have been confirmed as being generated by prospective mineralisation if I've understood correctly and not some anomaly like Royal. It seems to increase the potential of their revised target at Electra. That would seem to move things forward and justify a SP increase.

    I understand that you're a geologist, so interested in your perspective once you've reviewed this further.
 
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