MEI was at 1.5 before this kind of acquisition and then there was a straight pump to 18 cents within 3-4 weeks. I am getting the same feeling ( MEI is with more than 1 billion SOI while MTM is having only 57 million SOI )
If market catches MTM just like MEI, get ready for $1-$2 range
If somehow it goes to $1, options will be 75 cents
Ann: Advanced Carbonatite REE Project Acquired, page-60
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