General discussion (MEI), page-552

It’s great to see such deep and detailed discussion. However, the share price, the market capitalisation and the value of this company is not necessarily dependent on a near term production facility solution or a healthy X tonnage per annum plant nearby. The projected value of this company may become apparent, and more importantly, registered in the minds of its investors in a much shorter timeframe than it would perhaps take to bring this potential resource into production. It’s all about clarity, and the communication of the vision and the process required to make it a reality. It is not unusual for a company to achieve $1 billion valuation without an accompanying production revenue.

If meteoric resources can demonstrate a clear pathway to either production, or a significant defined resource, then the timeline for production and sale of refined product becomes less relevant.
Show that it’s there, demonstrate viability, security and support and a significantly different valuation is possible in a short to medium term.