MEP 0.00% 13.0¢ minotaur exploration ltd

Ann: Drilling progress, Cloncurry & Prominent Hill,OZL-MEP.AX, page-31

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  1. 132 Posts.
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    Agree Seth. This is a quality play. Either way there is upside, and if the SP takes a hit post results release i will snap up more. I like the experience in the MEP team, their strategy of farm in and farm out, their strong relationship with OZL, and the manner they are going about exploration - i regard the decision to cash in the 77,000 Oz Au deposit as a smart one - discover it, release the JORC and then cut it loose to free up some capital and the next big tilt at locating an economic grade Cu deposit.

    Still plenty Big target holes to be drilled in coming weeks both QLD and Prominent Hill. From todays ANN regards further drilling around Iris - narrowing down with another 4 holes to be drilled to find extensions to the breccia - we should know inside a month.

    Last edited by Ashen: 29/09/16
 
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