Is there a chance that MEG will run out of cash. The management teams cannot be cheap either. Surely they need some positive news in the near future and then on the back of that do a capital raise.
But the real question, is why is MEG trading at 50% discount to the IPO? The project and drilling look on track or are the gold deposits of lower quality than expected?
Ann: Significant Gold Intercepted in Drilling at Chakata Project, page-15
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.799M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 400666 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 431980 | 3 |
View Market Depth
| Last trade - 10.04am 16/08/2024 (20 minute delay) ? |
| MEG (ASX) Chart |
Day chart unavailable