Exactly correct but should REE prices appreciate, thus making uneconomic deposits economic, this still leaves MEI as an attractive proposition as they hold a deposit that no matter how much the Chinese 'f' with REE prices, can't be sent into c&m or broke!
This is why I expect a move on MEI well before production, this year, I expect.
General discussion (MEI), page-4409
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15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $308.4M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.3¢ | 15.5¢ | $447.0K | 2.817M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1018572 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 412250 | 7 |
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| MEI (ASX) Chart |