A few comments especially for those disappointed with price action today...
1. That is not the end of the news cycle. We have further results (new results) due in the next week or two. Depths and assays I believe.
2. Investor roadshows begin next week in Australia and then in North America after that. There will be many new investors with deep pockets hearing the MEI story for the first time.
3. The drill bit continues to spin. Results will continue to flow in the 2nd half as well as feasibility studies later in the year.
4. You could make a case that todays news was widely expected and anticipated. Apart from being a big derisking event there wasnt a huge shock on either side in regards to these numbers (as impressive as they may have been).
All told, dont give your shares away FFS. More news is imminent...!
Ann: Caldeira REE Project Maiden Mineral Resource, page-62
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Last
9.7¢ |
Change
-0.008(7.62%) |
Mkt cap ! $229.8M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.7¢ | $484.5K | 4.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 173973 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.8¢ | 78491 | 4 |
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| Last trade - 12.39pm 08/10/2024 (20 minute delay) ? |
| MEI (ASX) Chart |