MEK meeka metals limited

Ann: Further Shallow Oxide Gold in Extension Drilling, page-37

  1. 37 Posts.
    lightbulb Created with Sketch. 33
    @gdavs - To ask HC fans about future production, future pricing/sales, future costs, future capex, future exploration areas might be putting your head in a spin and every else's.

    So instead of spacing us all out by seeking response based on a plethora of variables, what about considering just the current scenario (in the DFS).
    I'm very content ( but my mouth is drooling!) knowing that Andy Well output will perform better than 505,000 oz - with the additional planned drilling.
    - just take take a look at how rich the returns shall be from the DFS excerpt from page 18:-
    ( I've highlighted a section that will keep us very happy in just the first 24 months)
    https://hotcopper.com.au/data/attachments/7059/7059869-d07f5a4d90db95b57e1c5b85a6cd62e2.jpg

    *** I'm confident that MEK will double the Andy Well resource.
    And I don't care if the grade of this second 505k oz might even be finalised at a lower grade.
    If first gold is announced within the next 40 days, MEK is going to shine brighter than all the rest.
    ***Consider also the previous history of Andy Well & associated tenements - which can be found at :

    https://www.********.com.au/asxdata/20201221/pdf/02324799.pdf

    - Additional targets are identified, with some occasinal assays
    It's possible that there might be even yet another 505,000 oz on the remainder of the tenements - but I don't care - this phase is too far in the future for me - especially when one considering the 5 variables in the first line of this post.

    P.S - I'm overweight in MEK ( & and in gold).
 
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