Hello Guys I don't think the major share holders would sell out to China any time soon . With 6 of 30 leases drilled at the moment we would have to think there is another billion tons of ore out there if not a great deal more . To get the finance for the mill and future work we may have to get a joint venture partner instead of selling the company . This may take a little longer than the short term holders would like but the rewards may be considerably greater . If it was to be sold for some reason I agree X5 would be reasonable. Have a good weekend .
MEI Price at posting:
10.8¢ Sentiment: Buy Disclosure: Held
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