There are steps that can be done to bring MEI back into better economical standards though, Further Met testing to replicate VMM latest Ann ph4.5/.1 Amsul wash to bring down Opex, continued exploration for 4000+ppm zones and possible reduction/tax incentives in Brazil to knock the 38% tax down abit.
99% of Companies simply need higher REO pricing to even dream of breaking even.
Ann: Significant Breakthrough in Colossus Metallurgical Testing, page-38
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Last
64.5¢ |
Change
0.010(1.57%) |
Mkt cap ! $43.01M | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 65.3¢ | 62.0¢ | $13.03K | 20.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28568 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 5699 | 1 |
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| Last trade - 11.39am 04/10/2024 (20 minute delay) ? |
| VMM (ASX) Chart |