TIGs have already indicated that they will exercise any Rights not taken up.  The cost to them for Rights not exercised is zero.  Therefore they were in no rush to buy the Rights on the open market, after it became clear that there would be ample not exercised.

 

I would not be surprised if they are able to increase their insider position by another 15 -25%.  Very smart business types, given the value of MPV.  Success breeds success they say.

 

I rarely look in the rear view mirror, but with MPV I've made an exception, by looking at the historical chart of Aber Diamonds who had a smaller percentage of a much smaller deposit.

 

A very positive upcoming 2 year period is ahead for us.

 

Cheers,

 

Brit