MEK 0.00% 3.4¢ meeka metals limited

Ann: Latitude to Divest Mount Ida Gold Project, page-4

  1. 1,259 Posts.
    lightbulb Created with Sketch. 9254
    Wow, company has effectively realised $2mil for Mt. Ida, including $1m in cash!

    Remember folks, current M/Cap is a paltry $3.25m at 2.5c!!!!

    Only now we have @$1.5m in cash ($1m cash consideration + @$500k cash balance est. as at 31st Dec) + our $1m investment consideration in ARS.

    EV therefore less than $1m if you include value of our new investment.

    This should re-rate to at least 4c based today's news, volume is well up today so we're off to a good start.

    GLTA
 
watchlist Created with Sketch. Add MEK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.