To me it means minquest are going to some how dispose of these...

To me it means minquest are going to some how dispose of these assets from the company but current share holders will get part of whatever they get or do with them - this could be a few options but I think one option is most likely

(1) sell these assets - very unlikely give a couple of things - firstly who would buy them ? At reasonable price. Secondly if they did sell them I would have expected them to use some of the money if not all to buy and develop ePat and hence no to get the capital raising going. Finally it's unlikely as they said want shareholders to have continuing exposure - hard to do if they have been flogged off

(2) (most likely) find a shell company to 'divest' these interests into hen essentially provide an inspecie distribution of whatever new company format and then existing shareholders get to retain exposure to these assets -- again I would this most likely was forward

(3) find an existing asx company to merg with so that they get all the assests but we shareholders are given chance to own new shares in said merger

Feel free to add to this. My guess would be to find a shell put all the assests in their and then distribute new shares to existing holders

Hope we get some more details soon.

Previously when i have seen stocks radically change approach they really go through a period of intense change that sees lots of announcements and developments all taking place in quick succession. I'd expect they have been working very hard to not only pull this deal off but also to organise the divesting of the mining assests. Wouldn't be surprised to see a number of announcements in coming month(s)

One question to everyone out there - do you think minquest change its name

Cheers dw

Ps bit disappointed as I was hoping we'd break 2c mark. Least the gap is filled. Given the potential now and fact it could be revenue producing in a year I would have though a mc for 10 mill at least by now - although taking into account the new structure that is probably what it already is