MEG megado minerals ltd
Add to My Watchlist 7.69% ! 1.2¢

Bit risky? Ethiopia already has a modern gold mine called the...

  1. italabria
    16,572 Posts.
    lightbulb Created with Sketch. 1347
    clock Created with Sketch.
    20/05/21
    09:44
    Post #: 53295699
    Bit risky? Ethiopia already has a modern gold mine called the Lega Dembi and Sakari which is +3Moz and Megado has premium land position along strike to the the north and south of that deposit mentioned. So yeah DYOR before throwing stuff out like that.

    Also Dr Chris Bowden was responsible for the discovery and drilling of the initial 1.5 Moz Dish Mountain Gold Deposit in West Ethiopia. So Id say I think management are more than competent

    7 mill EV, more drill results due soon. Bargain at these levels below IPO
    MEG Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS High-Grade Gold Hits Extend Major Lodes at Kpali Prospect in Ghana
right-arrow Created with Sketch.
NEWS New Positive Interim Data in Phase 2 Study of SNT-5505 in Myelofibrosis
right-arrow Created with Sketch.
NEWS FBR Executes Engineering Service Agreement with Samsung Heavy Industries
right-arrow Created with Sketch.
NEWS Bonanza Dittmer Drilling Hits 221g/t Gold in Stage 5 Intersection
right-arrow Created with Sketch.
NEWS Agreement for Sale of Mount Mason Project to Gold Valley Yilgarn
right-arrow Created with Sketch.
NEWS Ministerial Approval Grants Provisional Authorisation for Battery Anode Material Facility
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
1.2¢ 		Change
-0.001(7.69%) 		Mkt cap ! $7.280M
Open High Low Value Volume
1.2¢ 1.2¢ 1.1¢ $15.3K 1.341M

Buyers (Bids)

No. Vol. Price($)
1 253434 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 781010 2
View Market Depth
Last trade - 13.14pm 17/06/2025 (20 minute delay) ?
MEG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.