Placement (disregarding 1 for 2 oppies) at over a 50% premium to yesterdays close.
I maintain that these guys are some of the best commercial managers in the explorer space and it will only be a matter of time before this explodes through a corporate transaction or discovery. I got in at 12c a little while back after watching for a number of years. I love their ability to self fund and execute deals, and the low shares on issue with limited forseeable need to raise significant additional capital gives some peace of mind against imminent and persistent dillution.
Now we wait for a gamecharnger discovery or transaction, which sooner or later is bound to occur.
MEP Price at posting:
13.0¢ Sentiment: LT Buy Disclosure: Held