I wonder if Dr Tunks personal belief will interfere with doing...

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cl1ck1

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13/12/23

11:00

Post #: 71421472
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Originally posted by Tezza2512: ↑

Hi Bizzo, I was at the meet and greetorganised by the King (K Biggs). My main take away points are a supreme sense of confidence from Tunks and Nick. A very strong emphasis on low cost capex and production. Nick mentioned his reluctance to accept the incredible Caldeira data Tunks presented to him when he was being coaxed to join the team, Nick has spent a lot of time in rare earth mining trying to find ways to make hard rock mining economically viable. Strong support from local Govt. Overall the team seemed very happy with time spent in the US, I get the feeling there will be more to come from there. Tunks mentioned his military background and also has sons in the military, hence his strong interest in the strategic value of rare earths. They clearly value the company far higher than the current SP.

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I wonder if Dr Tunks personal belief will interfere with doing what's best for the company and the shareholders. What if Chinese bidder come to MEI with an offer he can't refuse? Maybe he can use that as a leverage to negotiate with western govt for even better terms Anyways, I trust that he will do the right thing. Good to hear he's value which is kinda aligned with mine as well. Rare Earths is of strategic importance and I hope MEI's asset ends up with the right side!

MEI Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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