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9.1¢ meteoric resources nl

General discussion (MEI), page-15

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3,161 Posts.

379

23/01/22

18:19

Post #: 59073608
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Originally posted by JandJ: ↑

Hi @Jono93 and @Gibbo83 - are you blokes cousins or something ??

MEI is a great low cap gold stock with two established gold projects, each about to announce a PFS, or Scoping Study whichever you call it.

The PFS establishes the way forward to DFS where economics of mining are introduced and then to BFS where Capex and Opex are established to higher accuracy and the capital is sought.
More exploration of the high grade near surface deposits will proceed in parallel and will push up the price, but for major SP growth this is now a mining development company.

So is that the type of company you are interested in investing in, or are you more interested in outright exploration to discovery?

Note also, there has been an aborted attempt to discover a porphyry in Brazil - a wee bit crazy IMO, with such good ounces already on the table.
Future of that effort should be referred to a JV and may add value in due course.

GL with your investments, specially here where the future is relatively risk free. DYOR.

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The porphory was a good stab and hopefully enough to get a major to throw some coin into the mix, prior to that it was a pipe dream. Never know what Tunks can pull

MEI Price at posting: 1.8¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 9.1¢		Change 0.000(0.00%)		Mkt cap ! $206.6M

Open	High	Low	Value	Volume
9.0¢	9.2¢	9.0¢	$46.32K	510.0K

Buyers (Bids)

No.	Vol.	Price($)
24	1908939	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.2¢	244343	13

View Market Depth

No.	Vol.	Price($)
24	1905244	0.090
10	904558	0.089
6	220444	0.088
2	6160	0.087
3	303277	0.086

Price($)	Vol.	No.
0.091	301	1
0.092	165277	7
0.093	16400	2
0.094	100000	1
0.095	964918	6

Last trade - 10.16am 05/09/2024 (20 minute delay)

MEI (ASX) Chart