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30/08/14
11:22
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Originally posted by josimar
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Akq, those that will be making the t/o offer will probably state that it is a pretty good offer for a company like Mantle (with downtrodden sp and all) being a 60% premium to recent sp.
A regular contact with the co. could get the latest top 40 on Monday and will we see just how much the top few and directors are holding after the cr and recent heavy buying/selling.
I can't imagine there will be much change to what has been a stable top 10 holders for a few years now.
we are all waiting for the action to begin.
IMO the federal and Vic liberals will have a co-ordinated plan on the release of the BCP media news. Should be some heat on Greg Hunt this week to explain how he can reduce national ghg emissions at a lower cost than the axed carbon tax was going to achieve, therefore more detail about DICE from GH in the coming weeks. The big one for holders of Mantle Mining is the Vic state election and Dennis Napthine announcing S7, ALDP winners starting construction of their cdp, shifting of S7 boundaries to acknowledge population growth in some areas but granting previous non S7 land S7 status (possibly tied up with Mantle's imminent tenement grants), slurry pipelines and port infrastructure agreements, naming of global energy giants wanting in the BCP e.t.c .
At the moment the Vic libs are staring an election loss in the face,nthey having nothing to lose and everything to gain by announcing everything they have done quietly behind closed dooors the last few years to get the BCP to this level of readiness. I am expecting big things in this regard.
josimar
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Agreed Josimar,how lucky are we that someone would consider paying such a premium(should anything eventuate),myself and Fakie would be heading straight round to IKs house,Fakie will be carrying his African hunting spear,me,undecided