Soberbo looks very promising and Minas Gerais is one of my favourite mining jurisdictions in Brazil. In general I feel Brazil has a lot going for it in terms of risk reward for mining companies compared to other countries i've invested. MEI definitely a favourite for me.
Another company i'm excited about in Brazil is Tucano Gold (ex Beadell Resources) which is up in the north, with a 3.5Mtpa plant ready to go and plan to switch it on next month. Targeting 100k+ ounces a year with open pit and underground. Very undervalued for what it is right now as still private but they plan to IPO later in year - here's the latest newsletter from them http://eepurl.com/iPCRhE
MEI rare earth metals and gold investments in Brazil
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $368.1M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $98.42K | 530.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 1342085 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 1326879 | 14 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
18.8¢ |
Change
-0.005 ( 0.32 %) |
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| Open | High | Low | Volume | ||
| 18.5¢ | 18.8¢ | 18.5¢ | 245911 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| MEI (ASX) Chart |