Judd states:
'when a company has an asset worth developing they don't continue to shop around for other assets.'
That is not true.
There are many companies who have multiple assets. And, when a commodity is hot like gold they take advantage an seek to increase their exposure. Also, according to Cats conversation with Tunks he was looking for an asset that he could drill when Brazil was in the wet season; another good strategic move by the company!
Judd states:
'Brazil is slowly becoming a nightmare to operate in given the covid-19 issues.'
Brazil is not a basket case as you say, because mining is considered an essential resource in Brazil. For instance Anglo American have never suspended mining. Mato Grosso where we are drilling is a state relatively unaffected by Covid. For instance Altimara( Cajuerio) who have tenements near us have begun operations. The lab at Goiania where we do assays is open for business. PRESS HERE for evidence.
So your point about Brazil is????
Judd states:
'Again can someone please name me a current project in operation that is profitable that Andrew Tunks was responsible finding??'
Tunks chose what turned out to be the biggest graphite deposit in the world, Syrah, one of the biggest uranium deposits, and has worked very successfully finding and establishing discoveries for numerous gold companies, and is an experienced geologist of over 30 years.
So again; your point is???
AIMO
- Forums
- ASX - By Stock
- MEI
- Ann: Trading Halt
Ann: Trading Halt, page-50
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEI (ASX) to my watchlist
|
|||||
Last
10.8¢ |
Change
-0.003(2.27%) |
Mkt cap ! $213.9M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 10.5¢ | $233.8K | 2.169M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 1209957 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 3042644 | 48 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 1209851 | 0.105 |
64 | 2823784 | 0.100 |
1 | 35000 | 0.099 |
1 | 102040 | 0.098 |
4 | 142907 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 3042644 | 48 |
0.115 | 947316 | 7 |
0.120 | 752121 | 6 |
0.125 | 232116 | 5 |
0.130 | 400000 | 3 |
Last trade - 14.32pm 29/07/2024 (20 minute delay) ? |
Featured News
MEI (ASX) Chart |