MEI Chart Discussion, page-35

I leave the charts with the experts...
For me, FA is pretty good here which keeps improving. So far what we know is fairly significant for me...
1. The projects acquired by MEI, have heaps of drilling being done which is worth in millions. So far as per the announcements, the spend on the drilling (as minimum) IMO is more than $9m. Don't forget the back ground work like mapping, sampling, consultation, admin etc which costs heaps of money. So IMO MEI did extremely well to acquire these assets.
2. Most of this core is in good position which can be assayed for cobalt, copper and nickel. This means once the dd is done actual fun will start.
3. MEI ve peers... Canadian plays are extremely hot right now with so much activity happening in this area... BM1, Co1 and First cobalt merger and cobalt 27 with 200m raise... All these companies have/will have large market caps. MEI on the other hand has market cap which is 20m approx fully diluted...
4. So far we are getting a progress update pretty much every week. This means MEI team is keeping themselves very busy.
5. XRF program commenced a while back which means some progress update won't be far.
6. Cobalt prices are making highs pretty much weekly basis. Copper is not doing bad either.
7. Tolga and Tim Neesham are backing this. Same team behind EUC which ran from 1.4-1.5c to 9c plus.

All in all, I think FA is pretty good here... so lets see how we go

As always buy sell or hold based on individual risk appetite

Cheers