MEG 0.00% 1.0¢ megado minerals ltd

Ann: MEG to Acquire US High-Grade Rare Earth Element Project, page-17

  1. 212 Posts.
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    I'm hoping we'll get an update on MEG business strategy and execution plan soon. I'm going to continue to hold knowing I don't fully understand massive spike in sp + daily volume and things should become more clear over coming weeks and months.

    Positives:
    Placement / Capital Raise is finally done - I was little worried with current situation in Ethiopia and decline in sp and average daily volume over past 18 months.

    US REE project looks really good - With updated SOI and market cap, what is MEG enterprise value ??

    Daily Volume on Thursday 14th April and even todays volume broke all records since IPO. Is it a short-term spike?
    https://hotcopper.com.au/data/attachments/4275/4275263-4ac4fe2f941038b239fea4225cd41b35.jpg
 
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