MEI 4.76% 10.0¢ meteoric resources nl

General discussion (MEI), page-4284

  1. 1,097 Posts.
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    Morning Batchild, please lift the curse, hehehe,mei is where you wrote the shareprice would be,my opinion is the Chi….se are responsible for the negative sentiment on REE sector,(no proof) my logic is they are the largest player in the sector,most of these REE mines will be a lot less profitable at theses prices,PLS have come out and said they can still be profitable at these prices and can ride it out,LTR have had their $760 million bank loan facility withdrawn,winner their maybe Gina,she could pick up Liontown for .88 cents a share now that Albemarle has sold down its holding of LTR,Albemarle offer of $3.00 ($6.6 billion)a share for LTR last October ( mei not one of them,high grade,high price ,low processing costs) so a lot of these mines will go into care or if they can’t raise funds will hit the proverbial Chi…se wall ,less REE players (so to speak) less competition more demand raise the price back up……only a theory.
    DYOR Please.
 
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