The main downside i can see right now is that there's a huge lack of hype around us, possibly due to:
1. Patience - Everyone is chasing quicker gains and FOMOing on Lithium, Uranium etc.
2. Based in Ethiopia - If we were drilling here in Aus the SP would be much higher right now. But Africa always has some sceptics even though our drilling areas look very promising.
But considering our management has a successful track record in Africa, we have 6 projects in the pipeline, results have been decent so far and our MC is tiny, I'm happy to keep my cash in here with a longer term view.
MEG Price at posting:
9.1¢ Sentiment: Hold Disclosure: Held
