i have redone this chart to include MEI.
Clay deposits have lower TREO grade, but MEI has a very large resource. Its NdPr is 24%
Even with the large resource, it has 5 times less Contained NdPr than LIN.
I have used 250MT estimate as LIN's resource.
It is mind boggling to see MEI close to $500m MC.
Since MEI announced its MRE in May, its SP has gone up 69% ( from 16c to 27c)
Lets see what happens when LIN releases their MRE
A globally significant project, page-176
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $121.0M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.3¢ | $73.51K | 700.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 813056 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 27499 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LIN (ASX) Chart |