I am still trying to understand all of the moving parts with MEI, there is a lot to cover.
But mostly, and not sure why, I haven't seen a company share price respond positively when releasing a scoping study/SS (CHN a good example), something to do with the Lassonde curve? So could be an opportunity within the next quarter to both buy shares at a discount post SS as well as have more information on the project available for consideration before investing thanks to that SS.
Obviously there are some big catalysts coming in that timeframe as well, mainly the updated MRE including a large indicated portion to feed the scoping study. Willing to take the risk and wait until scoping study, but that just my strategy and disclosure I am a rubbish investor!
Ann: Outstanding Ionic Clay Recoveries for Caldeira REE Project, page-44
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $263.4M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.0¢ | $1.095M | 9.510M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2371982 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 441163 | 7 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| MEI (ASX) Chart |