MEI 5.00% 10.5¢ meteoric resources nl

Chart, page-1128

  1. 5,702 Posts.
    lightbulb Created with Sketch. 3802
    https://hotcopper.com.au/data/attachments/3622/3622984-6093767b481ea153ee31e0bf12cea233.jpg
    I am not going to lie, chart looks crap, yet FA is none too shabby...........like the recent news with a 57m intercept @1.6g/t at the Butcher.

    I can tell ya, if the POG sentiment was more positive, then that result would have been received much better !!

    Thats a huge intercept...........yet sold down...........WTF?

    There is support at 2.8c, but if that doesnt hold then 2.2c comes to play.

    Ridiculously over sold for what MEI has.!!!

    https://hotcopper.com.au/data/attachments/3622/3622997-3797f86f3065cf6dde67ca83e536f6b9.jpg
    Since my last post, POG has dropped from 1830 odd to 1749............eek.png

    Butcher alone is worth a heap more than the current SP not to mention Brazil.............so this is bottom drawer stuff for me until MACRO improves.

    Very happy infact to accumulate at current levels or below.

    Bargain of the century if you have a long term POV.

    IMO of course
 
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11.0¢ 932844 10
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Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
MEI (ASX) Chart
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