Ann: 100 per cent Leucoxene extends MEU Titanium discovery West, page-51

  1. 7,011 Posts.
    lightbulb Created with Sketch. 657
    Hello. I don't know enough about gold & mining to post any opinions about the MEU gold; which is obviously MEU's primary asset, which MEU has been drilling for years but has not yet produced a JORC resource. The gold appears relatively thin in its widths but very high grade. This is a question of economics, that is, the cost of digging up all that earth vs the amount of gold recovered. I recall a poster here (that gave the impression of being the company director) posted they believe the economics will be good. For Yahweh's sake, after all of these years, I would expect MEU would have produced a JORC and Feasibility Studies.

    As for the uranium, I personally doubt the grades or widths will reach 50% of BOE's. MEU has already released lots of uranium results, which i posted on a topic I started here that keep getting moderated for its comparisons with BOE. BOE has highly successfully started a mine only recently and is making loads of profit; meeting the parameters of its feasibility study (which is rare for a project do to). The similar uranium mining method for MEU would be ISL. Again, this is a matter of economics. If the MEU uranium grade and deposit thicknesses is 50% of BOE then this is like quadruple the amount of ISL pipes i would guess. Again, this is matter for the experts doing a feasibility study.

    https://hotcopper.com.au/data/attachments/6834/6834372-abc7ad360217f9efc764b33b1a3420a1.jpg

    Last edited by GKeden: 25/02/25
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
4.0¢
Change
0.000(0.00%)
Mkt cap ! $47.13M
Open High Low Value Volume
4.0¢ 4.0¢ 3.9¢ $47.95K 1.212M

Buyers (Bids)

No. Vol. Price($)
1 100000 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.1¢ 115411 2
View Market Depth
Last trade - 15.57pm 16/06/2025 (20 minute delay) ?
MEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.