The level of euphoria is running ahead of the facts. MEI is well down the track, and ENV has 2 years of catching up to do. So maybe a similar cap in THAT time frame.
Secondly with MEI, VMM, now ENV, along with Hancock's mob are making REE not as special as it was 12 months ago. Thus, I suspect, the retrace in MEIs shareprice.
ENV is back of the current pack and who knows how much more will be discovered.
MEI likely has billions of tons alone.
Still money to be made here but not as much in the short term as many may expect.
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