I believe that the rare earth investor world is still in partial disbelief with MEI, I don't think that anyone actually thinks that there is anything wrong, I believe it's more like it's just too good to be true.
The next 6 months will see MEI firm up its plans to become a producer and attract the remainder of the staff they need to set themselves up properly to take advantage of their world class resource and extremely low cost of production opportunity.
The world is watching this space very closely and the team is doing everything right to set up for a slam dunk.
With $40m in the Bank and an ongoing cost of $2m ( ramping up to $3m ) per month we have time for the rest of the World to discover what others already know - that we have an absolute world class opportunity here that history will look back on as "that investment" that massively paid off for the patient investors.
To Tunksy, Nick and your very talented team, keep up the consistency and hard work.
This, once in a decade opportunity, will give us all what we are here for.
MEI Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
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