Here's a good summary of why MEI's SP is falling. It'll go up like lithium will eventually as REEs are essential, but it'll be a hard road in the meantime. MEI are a long way from mining their REE anyway, there'll be piles of red tape permits and crap to get through, especially in a commie country like Brazil. Good for buying up large when the time's right, perhaps September:
https://www.marketindex.com.au/news/are-rare-earth-stocks-doomed
Here's a good summary of why MEI's SP is falling. It'll go up...
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Last
9.5¢ |
Change
-0.002(2.06%) |
Mkt cap ! $217.6M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 10.0¢ | 9.3¢ | $448.0K | 4.627M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 56489 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 160000 | 2 |
View Market Depth
| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| MEI (ASX) Chart |