MEI 0.00% 10.5¢ meteoric resources nl

General discussion (MEI), page-5139

  1. 17,403 Posts.
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    The trouble with this stock, as I see it, is it was...


    is it fair to say the general feel, I will not say promotion, was it was a low cost outlay opportunity to potentially go high??

    No matter how people want to slice and dice the figures it looks like these ionic rare earths cannot be done as cheap as envisaged even if there is SP upside.

    the trouble is to some that changes the beast of the investment, the other problem is risks of higher capital plays come into vogue now including finance and timing as well as other dynamics

    MEI was supposed to be fairly bullet proof because it was pretty cheap off a low cap base. It looks like they cannot claim that so much now at least
    Last edited by DavoMagic: 09/07/24
 
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