I've got the "this could be a 10 bagger" feel about this one. What would the sale of either the kaolin or Mutooroo deposits be worth? Certainly a lot more than $18m.
Could either be worth say $180m as is? Maybe not the kaolin, but what about Mutooroo? I don't know, but can anyone out there hazard a guess?
Lots of questions - I'll be keeping my fingers crossed over the weekend, who knows what Monday will bring.
MEP Price at posting:
17.0¢ Sentiment: LT Buy Disclosure: Held