Wrong, wrong, wrong I'm afraid. MEY needs much better grades to get to production (and make decent profits) unless U prices jump to $70-90. I'm afraid MEY grades are just too low as are most other U explorers. Grade is king as is proximity to surface. MEY, like many others, will be slaves to the U price - if its increases and remains up their then you are in business. If not, you'd better hope some Chinese company will simply buy you to ensure supply. My view but one shared by many in the business. Ignore if you want but its what I believe. Good luck.
Wrong, wrong, wrong I'm afraid. MEY needs much better grades to...
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Last
26.0¢ |
Change
0.005(1.96%) |
Mkt cap ! $100.2M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 28.0¢ | 26.0¢ | $190.9K | 710.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 212961 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 2615 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| EL8 (ASX) Chart |