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0.00% 6.0¢ meeka metals limited

Ann: Field work confirms Gold potential at Circle Valley Project, page-23

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  1. Peoples Champion
    223 Posts.
    lightbulb Created with Sketch. 59
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    20/07/20
    14:43
    Post #: 45983302
    I happily bought in on the recent dip. At 1.7c the mcap is $4.6m and the company has $3.2m cash and also should get some additional funds from the takeover of Alt Resources.

    Not many gold focused stocks this cashed up and with this structure currently trading around a $1.4m EV. New projects have good potential and I cant see the price staying around this level for long given the expected news flow from the new gold projects and strong chance of further acquisitions based on the recent comments from the Chairman.


    LCD Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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