Australia's largest stock trading and investment forum Australia's #1 stock forum

MEI

Click for more information

4.76%

10.0¢ meteoric resources nl

All good in theory!But no update on drilling for example, eg...

First 11 Last

Share
Profile

Follow
bluebottle

60 Posts.

5

12/12/23

16:01

Post #: 71408384
Share

Originally posted by Markiriks: ↑

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.

Expand

All good in theory!
But no update on drilling for example, eg grades, those "pending" results near vg hole, guidance on true depth of weathered clays etc.

MEI Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

CCO

The Calmer Co CEO Anthony Noble on what lies ahead in FY25

MYE

Grosvenor mine fire takes another scalp as Metarock's 168-person presence on-site suspended by Anglo

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

OCN

Oceana Lithium's top dog tenders resignation as lithium sector remains in strife

EM2

Eagle Mountain scents a porphyry with high-grade Au-Ag-Pb results in Arizona

There are more pages in this discussion • 12 more messages in this thread...

First 11 Last

Add MEI (ASX) to my watchlist

(20min delay)
Last 10.0¢		Change -0.005(4.76%)		Mkt cap ! $199.0M

Open	High	Low	Value	Volume
10.5¢	10.5¢	10.0¢	$327.9K	3.247M

Buyers (Bids)

No.	Vol.	Price($)
40	2361739	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	2144605	14

View Market Depth

No.	Vol.	Price($)
40	2361739	0.100
5	394431	0.099
2	60004	0.098
4	160205	0.097
8	339227	0.096

Price($)	Vol.	No.
0.105	2144605	14
0.110	2395049	17
0.115	1019316	9
0.120	2292121	5
0.125	222007	3

Last trade - 10.44am 31/07/2024 (20 minute delay)

MEI (ASX) Chart

SPONSORED BY