MEI 3.13% 15.5¢ meteoric resources nl

Ann: Meteoric Forging Ahead on Multiple Fronts, page-14

  1. 143 Posts.
    lightbulb Created with Sketch. 3
    imo this announcement is a warning announcement
    it is essetnially a non-announcement - it is re-citing mostly what we already know and lacking updates
    so what is the point?
    it feels like the company is saying "hey guys this is your last chance to jump on board"

    hole 2 logged to 350m as at 24th of June
    hole 2 drilled to 450m as at 24th of June

    hole 2 drilled to 550m as at 1st July (guestimation)
    above based on 15m/day

    I wonder what they are seeing in that extra 200m (which has now surely punched through the fault zone)
 
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