MEP 0.00% 13.0¢ minotaur exploration ltd

Ann: Strong copper mineralisation intersected at 'Jericho', page-22

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  1. 146 Posts.
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    Well I'm no geologist, but it all sounds and feels very good.

    Last 2 days pricing & Volume action has been exceptionally strong, so maybe some informed experts have formed a view on this.

    Especially in light of the SPP, that just closed on Friday @ 5.2c and will be allocated on Friday 27th

    Since the SPP closed on last Friday, and drilling release was not until Monday I hope I get my full allocation.
    (However with 2,000 shareholders and a SPP of only $1m, I hope a few did not reach into their pockets)

    "The Company may, in its absolute discretion, undertake a scaleback to the extent and in the manner it
    sees fit. Any scaleback will be announced on the allotment date. If there is a scaleback, a shareholder​
    may not receive any or all of the Shares for which it applied."

    Maybe some have anticipated not a full fill and thus taking up the insurance by buying on the market.

    Friday (allotment date) I will be crossing my fingers, tomorrow I might tap the buy button again, just in case.

    This has a very strong feeling of running for some time yet.
 
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