With the absence of a continual news supply looks like the rumour mill has started to turn.
From the latest Directors report in the half yearly,
"Meteoric plans to forge ahead with development plans for exploiting the Juruena gold resources in conjunction with conducting the process for finding a project partner on the copper-gold porphyry exploration. The Company has commenced work on a Scoping Study for the development of the Dona Maria, Querosene and Crentes gold deposits with Brazilian mining consultancy, GE 21. The Company has also commenced the application process for mining licences over the key areas proposed for open-pit and underground mining."
Now I know anything is possible, but can you see the word sale mentioned? Maybe I'm reading it incorrectly.
MEI Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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