MEI 4.76% 10.0¢ meteoric resources nl

General discussion (MEI), page-2573

  1. 720 Posts.
    lightbulb Created with Sketch. 50
    Yes LINs deposit is:

    1) hard rock
    2) I am no geologist so can't say for sure how it was formed but definitely appears to be a 'freak of nature'
    3) non radioactive, they average about 2.5% treo with thorium and uranium totaling about 50 ppm average from what I recall
    4) yes most LIN holders think its way undervalued
    5) country risk the reason perhaps, but Rio tinto just spent 40 million in a company there- the country risk shouldn't be too bad therefore
    6) deposits are concentrated, just one big hill standing on a plain.
    Last edited by Novicechap: 03/08/23
 
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