Australia's largest stock trading and investment forum Australia's #1 stock forum

MEI

Click for more information

6.82%

9.4¢ meteoric resources nl

sounds like we will be getting our drill results anytime from...

First 4724 Last

Share
Profile

Follow
craigasx123

960 Posts.

299

19/04/24

19:26

Post #: 73432326
Share

Originally posted by prowiz: ↑

Hi Bizzo,

I also agree with your statement that MEI will be the cheapest producer.

This is from Barrenjoey's most recent broker report which was updated due to the higher recoveries which were announced in late Feb.

"On our updated modelling, we believe MEI’s project requires a NdPr price of ~US$45/kg (previously ~US$50/kg) to earn a >15% IRR, well below hard rock greenfield projects that need >US$100/kg."

"While rare earth prices are a key issue for all aspirants, our modelling suggests MEI is cash break even at ~US$30/kg NdPr and makes a 15% >IRR at US$45/kg."

Maiden off take agreements in the near term just listen around the 3.45 min mark of this video:

plenty of significant catalysts just around the corner...

Expand

sounds like we will be getting our drill results anytime from next week onwards and then finalise the rest of the studies to go with it. Very exciting next 1-2 months which will surely get our share price to finally hold above the 0.300 mark and past the 500mc. A lot of interest around the world wants to get their hands into mei which is very positive to know

MEI Price at posting: 22.5¢ Sentiment: Hold Disclosure: Held
15 Upvote

0 Great analysis

Reply

Top Stories

PV1

Provaris tells ASX non-binding MOUs are still material to share prices in somewhat fiery compliance response

Revolutionary inverter technology leads the clean energy charge

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Emerald & Azure score Digger & Dealer awards

Economists query RBA lack of action on sticky inflation amid global uncertainty

There are more pages in this discussion • 654 more messages in this thread...

First 4724 Last

Add MEI (ASX) to my watchlist

(20min delay)
Last 9.4¢		Change 0.006(6.82%)		Mkt cap ! $215.0M

Open	High	Low	Value	Volume
8.8¢	9.9¢	8.8¢	$642.2K	6.859M

Buyers (Bids)

No.	Vol.	Price($)
5	40067	9.4¢

Sellers (Offers)

Price($)	Vol.	No.
9.5¢	147311	7

View Market Depth

No.	Vol.	Price($)
6	74375	0.094
6	153704	0.093
1	50000	0.092
1	30000	0.091
4	589100	0.090

Price($)	Vol.	No.
0.095	147311	7
0.096	191331	8
0.097	96885	4
0.098	3720	1
0.099	105808	2

Last trade - 14.47pm 08/08/2024 (20 minute delay)

MEI (ASX) Chart