MEU 2.17% 4.5¢ marmota limited

That high priority drilling to the North east seems to be mainly...

  1. 3,269 Posts.
    lightbulb Created with Sketch. 356
    That high priority drilling to the North east seems to be mainly lip service as there is only nineteen closely spaced holes in the next drill program so he doesn't have to go much deeper than the previous holes. So is this program looking for another layer of gold bearing ore ? I think he is going to have to drill more in the North east area, perhaps he's resisting that as it is going more expensive ( but necessary ) as the holes might be in the 160 to 200m region. Because of this more dilution ( drilling and plant ) is coming, which is going to hurt his holdings and his grip on the company.


    https://hotcopper.com.au/data/attachments/4716/4716202-12841052d72f71de332011a84a8f3d72.jpg
 
watchlist Created with Sketch. Add MEU (ASX) to my watchlist
(20min delay)
Last
4.5¢
Change
-0.001(2.17%)
Mkt cap ! $47.64M
Open High Low Value Volume
4.5¢ 4.6¢ 4.4¢ $11.72K 264.0K

Buyers (Bids)

No. Vol. Price($)
1 105332 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 239521 1
View Market Depth
Last trade - 15.29pm 28/05/2024 (20 minute delay) ?
Last
4.5¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
4.4¢ 4.5¢ 4.4¢ 101906
Last updated 14.20pm 28/05/2024 ?
MEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.