MEI 1.39% 18.3¢ meteoric resources nl

You call it right IMO @stampidge - these three holes are wildcat...

  1. 10,136 Posts.
    lightbulb Created with Sketch. 2544
    You call it right IMO @stampidge - these three holes are wildcat holes - even the best surface exploration and geotech can not make them more than that at this depth. So it is most likely we will get results for all three together in due course.
    When the holes are cased and downhole electronic exploration is done we will have better targets if there are ore bodies present. And our geos will interpret the stratigraphy and alteration due to mineralised fluids.

    To hit an economic deposit with a wildcat is possible, of course, see Julimar, but for value add we had best turn back to Butchers Creek, in the short term.

    All IMO - a price retracement due to disappointment presents a buying opportunity and shakes out the weak hands.
    Last edited by JandJ: 31/03/21
 
watchlist Created with Sketch. Add MEI (ASX) to my watchlist
(20min delay)
Last
18.3¢
Change
0.003(1.39%)
Mkt cap ! $368.1M
Open High Low Value Volume
18.0¢ 18.5¢ 18.0¢ $221.3K 1.216M

Buyers (Bids)

No. Vol. Price($)
46 4986325 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 791577 29
View Market Depth
Last trade - 15.12pm 07/06/2024 (20 minute delay) ?
Last
18.0¢
  Change
0.003 ( 2.49 %)
Open High Low Volume
18.3¢ 18.5¢ 18.0¢ 637974
Last updated 15.31pm 07/06/2024 ?
MEI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.