5 days trading halt is a long time.
So i hope, monday will be THE great day for MEY.
I am very glad, that the big sellers (Polo-boys, Amber Petroleum) are allready gone.
So maybe some britboys will throw their last small parcels and the sp has the chance to raise up in a new area.
At the moment we are rated with 1,9 USD/pound.
Our neighbours are rated with 4 USD/pound.
I hope that the increase will leave our rating like a greenfield project and will bring us to 4-6 USD/pound.
If you take this 4 USD/pound with the current resource (38mlbs), we should have 35c allready.
So with the resource-upgrade we will see more than 36c/share imho.
In my opinion the expected 50 mlbs would not mean, that MEY can bring their project in production. For production we need a little bit more lbs.
The new presentation looks very good.
It seems they are allready drilling their new mineralisation zones.
Look at site 11, there is a big paleochannel.
What do you think, where this pc ends?
It ends in the trekoppje-project from neighbour AREVA!!!
Also we see, that MEY spends 2.5m$ for a further 7000m drilling program. Think about the potential, this Marenica-Tenement has! 14. january they announced that the radiometrics proved 16!!! new unexplored mineralisation zones at marenica-tenement.
Scoping Study next 10 weeeks. This is great stuff.
So AREVA has to hurry, if they want to have a cheap deal...
- Forums
- ASX - By Stock
- EL8
- recommendation
recommendation, page-3
Featured News
Add EL8 (ASX) to my watchlist
(20min delay)
|
|||||
Last
34.0¢ |
Change
0.045(15.3%) |
Mkt cap ! $104.8M |
Open | High | Low | Value | Volume |
32.0¢ | 34.0¢ | 32.0¢ | $441.6K | 1.339M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18866 | 33.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 33705 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18866 | 0.330 |
4 | 164057 | 0.320 |
1 | 40000 | 0.315 |
2 | 23000 | 0.310 |
2 | 20350 | 0.300 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 29705 | 2 |
0.345 | 87500 | 3 |
0.350 | 102500 | 3 |
0.355 | 113584 | 2 |
0.360 | 10000 | 1 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
EL8 (ASX) Chart |