Hey 92,
Thanks for the heads up and taking the time to share your analysis and insight with MEY shareholders. Its particularly impressive given you say you don't hold MEY (but you do hold DYL)... very selfless indeed.
Also note your recent annoyance with previous DYL management who you believe let this strategic asset slip so that MEY could pick it up. Note however that it was the current management that decided to go all chips in and double down on Tumas and, given the timing of MEY's announcements, it was the current management that had a chance to stitch up the region but thought they had enough.
Re MEY's capital constraint, I am sure that it will not cost too much to update the existing hits on EPL 6987 and show that the mineralisation extends well into MEY's leases, making this lease alone worth many times the current entire market cap of MEY to any regional exploration company seeking to consolidate U resources (hint : that's DYL).
Good Luck over there
The Pick
Ann: Quarterly Cashflow Report, page-3
Add EL8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
53.0¢ |
Change
-0.025(4.50%) |
Mkt cap ! $163.4M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 55.0¢ | 52.5¢ | $296.3K | 554.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1096 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 21980 | 5 |
View Market Depth
| Last trade - 13.54pm 24/05/2024 (20 minute delay) ? |
|
|||||
|
Last
53.0¢ |
Change
-0.025 ( 4.04 %) |
||||
| Open | High | Low | Volume | ||
| 54.5¢ | 55.0¢ | 53.0¢ | 164542 | ||
| Last updated 14.03pm 24/05/2024 ? | |||||
| EL8 (ASX) Chart |