MEU 0.00% 4.5¢ marmota limited

Ann: BGD: Response to Marmota Limited (ASX.MEU) Announcement, page-33

  1. 4,560 Posts.
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    MEU will be fine... eclipse Barton. Hopefully the court action will lever out those assets MEU want, if I had to guess this will be the outcome. Bartin is a measly ~20% ahead year to date, its longer term track record has been flat. Nothin special.

    I can feel the groundswell of the latest set of drill results for MEU, I wont try and predict when the release will happen... I am too experienced.

    MEU has good managwment and a great geo team, small and lean, well chosen locations and projects. The most attractive at the moment being the very high grade Aurora Tank gold, with Junction Dam U being a very likely project to bring to a significnat JORC status and sell longer term. REE of course bubbling in the background, some very good near surface intercepts for ionic clay deposits.

    The land holding is truly amazing,
 
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