MEI 2.63% 18.5¢ meteoric resources nl

Ann: Due Diligence Completed - MEI to Proceed With Acquisition, page-21

  1. 12,115 Posts.
    lightbulb Created with Sketch. 2
    Good grades, plenty of core to be assayed and 4 decent projects for a tiny market cap... I personally think this can do really well once the acquisition is completed so not long to wait. The meetings to acquire share holders approval and approval for tranche 2 quite often act as a psychological barrier which is a good time for accumulators to slowly accumulate the stock from weak hands IMO...

    On a side note, there was a fire at Tenke mine which produces 15% of the world cobalt supply... I am still waiting to see if it adds to the supply problems faced by the sector already under stress...

    Lets see how we go...
 
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