MEI 4.65% 22.5¢ meteoric resources nl

look man I hold both. Do I really need to mess up my investment...

  1. 10,075 Posts.
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    look man I hold both. Do I really need to mess up my investment in Mei by posting the history of our major shareholder on erroneous value inflations to the tune of 4.8 bil usd and admitting to selling stock in Bellevue Gold whilst promoting it at the same time. No major holder is immune to some query in the spec sector as this is a sector with a significant failure rate. Most stocks both Vmm and Mei major holders invest in are not successful or are significantly off their highs. This is not uncommon in spec land.
    the main point is no one should invest on the basis of who is in the registry. The key is whether directors invest and align progress to performance rights and not just large remuneration lifestyle packages.
    In the case of MEI and VMM - both have significant potential and I personally see both merging one day and being taken out as they both are proven true IAC deposits with similar metrics. No need to put one down over the other. I hold both because each will feed off each other and the better Mei performs, the better it is for the region. I don’t think Environmental protection buffer zone will significantly create issues but it is an unexpected headache that could require certain concessions. The key is the environmental studies - if that passes I doubt this buffer zone will be an issue.



 
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Last
22.5¢
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Mkt cap ! $447.7M
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22.0¢ 23.0¢ 22.0¢ $790.7K 3.486M

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No. Vol. Price($)
2 406907 22.5¢
 

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Price($) Vol. No.
23.0¢ 514463 5
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Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
Last
23.0¢
  Change
0.010 ( 6.98 %)
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22.0¢ 23.0¢ 22.0¢ 1676307
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