[link] #MIN #By Nigel Somerville | Tuesday 31 July 2018 #MINOAN one might hope that it could involve perhaps a dividend to reward us all for our incredible patience which even Job would be proud of!
The pessimistic period is back,the only way for Minoan stock is up,up,up.Forget about the appeal,court's decision will favor Minoan interests since the biggest problem in our country is unemployment,currently around 28%.Given that the decision is positive first thing that comes in my mind is the ''building permit''.It will take 2-3 years to Christopher & friends to get the permit eventhough the investment is characterized as ''fast track''.Yes it's a monastery land and we all know how orthodox priests intervene in social,political & economic life in Greece.I think the contract with the monastery is for 50years,so we have another 25years left and the monks did not get a penny yet.On the other hand i see no institutional interests in the stock.Therefore I strongly believe in 30p/share easily by summer 2017,some lucky will get massive returns.Personally I am sure that positive operational results,if any,will come after 5-7 years from now.Market cap at that time may be close to 250m if everything works in favour of Minoan.
it was all in the price lads. those in the know have unloaded - this will fall well back until finance is arranged or not as the case may be
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