Tradezy, So, "No company would opt to consolidate on the absence...

Tradezy,
So, "No company would opt to consolidate on the absence of any Ann worth rerating the stock.
They would produce the goods, get the true buyer interest up and going and then consolidate."

I agree Tradezy,
but but, who's to say that they wont.? Seems to me that, MPJ have given us "heads up" (pardon the pun) , they have given plenty of notice as to their intentions in regards to the Consolidation. No body is "Trapped" with no way of getting out, and that is a positive. IMO
What's to say that they wont get JORC (2004) re-rated up to JORC (2012) compliant by the GM on the 16th April?
They say that,
1."a review of the existing JORC (2004) gold resource at the Pilbara Lithium -Gold Project is already underway to upgrade it to JORC (2012) compliance."......."this work is anticipated to be completed by Q2 2016." ....."investors can look forward to strong news flows, particularly as we upgrade the existing JORC gold resource at the Pilbara Lithium-Gold project next quarter and accelerate exploration activities."
Would this not be a Catalyst that you speak of ?

2. "exploration also advancing at the Roe Hills Project, 100km East of Kalgoorlie, to further evaluate and prioritise Gold targets for drilling."......."we will be providing more detailed information on all our upcoming programs in the coming weeks...."
This could be another.?

My take on this is positive....
Every investor I have spoken to about MPJ mentions the massive amount of shares on offer. This seems to be the first hurdle, that most don't get over. So , yes , the consolidation is a positive in the near term, in relation to removing hurdles for new investors and in helping to take the brakes off the current SP, that we have all been witnessing over the last few months and that has been so frustrating, to most of us I'm sure. In the long term, we get more bang for our buck, as the SP will rise faster on positive news, with less shares on offer, when viewed in relation to the MC ,when it inevitably rises, like I believe it will for sure, with the expected aggressive news flow from the MPJ board.

In saying this however, I do believe that we will see some sort of sell off next week as some investors will be heading for the door, because as has already been stated by some, these consolidations don't usually sit well in the market and too many usually get burnt when and if the SP tanks.

Again however, I believe that this is not a "usual" situation in relation to consolidation, as we are in the right sectors, in the right location, with the right people and at the right time.
Could it still be the case that the options will still be in the money and not written off.??? I think they will be in the money.! Just as no body saw what was coming with the latest tenement purchases, I believe that the expected News Flow, could be just as surprising.

Stay positive....I am....
Cheers and Good Luck