MEI 8.33% 11.0¢ meteoric resources nl

Ann: Trading Halt, page-18

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  1. 3,183 Posts.
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    OK - Based on someone elses great research . . (Robbo24 thanks!)

    Guess is TTW is buying Midrim - see https://hotcopper.com.au/threads/is-ttw-buying-midrim-from-mei.4539361/


    And this makes sense when you consider this . . from 2/10

    Marnus Bothma was the MD of Zeus minerals and is now a director on TTW as of today. He is young but very experienced and is very hungry. He previously worked with MEI (Meteoric Resources) and knows the area very well having worked on a high grade Nickel deposit there called Midrim. When speaking to him after the meeting he was saying they did bulk sampling on Midrim and it proved highly profitable to even just dig the ore out and ship it off directly. With our deposits being of similar grade to Midrim then its clear that the same business model would work with our deposits too

    and

    Kitara Investments just became a substantial holder. I believe they were part of the Zeus acquisition. Further investigating shows that Kitara is owned by Tolga Kumova. If you're not familiar with Tolga, read up about him, everything he touches goes bonkers! I was already confident with my investment but if he is invested here you have to ask yourself why, clearly he sees massive potential here too!

    Dollar for donuts. TTW is buying Midrim.
     Wild guess.

 
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