yes I think you are on the money with first mover advantage. MEI also have a huge war chest of cash so no chance of a CR in the next 1-2 years which will help somewhat.
when the scoping studies are both released, both by highly reputable engineering houses, that will be VMM’s best chance of closing the gap - if their study can stand toe to toe with MEI of course.
Ann: 80% Average Ionic Recoveries from First Colossus Hole, page-40
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Last
$1.71 |
Change
0.090(5.56%) |
Mkt cap ! $109.0M | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.73 | $1.62 | $993.6K | 588.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 880 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.71 | 4999 | 1 |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.72 |
Change
0.090 ( 5.11 %) |
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| Open | High | Low | Volume | ||
| $1.62 | $1.73 | $1.62 | 117999 | ||
| Last updated 15.58pm 17/05/2024 ? | |||||
| VMM (ASX) Chart |