Always good to seem Meu maintain a lean ship. If we comparing Meu expenses to gold explorer in the same region similar sized tenements the difference is stark.
Barton has done more work in the last 6 month but Meu has organised/executed the project X, the drill for metallurgy and started the uranium review
Meu : Admin and staff expenses 6 months - $230,909
Barton gold : Admin and staff expenses 6 months - $1,686,000
Barton's expenses are the norm for Asx explorers which is over 7X what meu spent over the same period.
In a high cost of capital environment this is great to see. One of the few explores Asx company's that seem to care about keeping no exploration expenses down.
Ann: Half Year Financial Report Dec 2023, page-2
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Last
4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $44.47M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.4¢ | 4.0¢ | $133.9K | 3.314M |
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| No. | Vol. | Price($) |
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| 1 | 6711 | 4.1¢ |
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| Price($) | Vol. | No. |
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| 4.2¢ | 984541 | 2 |
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| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
| 4.2¢ | 4.2¢ | 3.9¢ | 1174220 | ||
| Last updated 15.00pm 13/05/2024 ? | |||||
| MEU (ASX) Chart |