Keeping an eye on this one as we go forward.
Some further motivation for MEI to get into production by March 2027 or pay up monthly anyway (but can offset future royalties).
From the original agreement in March 2023:
Meteoric shall commence production within four years, failing which it shall make Royalty payments of USD$600,000 per month, which amounts are deemed to be advance payments for (and therefore offset against) the Royalties. If after eight years Meteoric has not commenced production then the Agreement shall terminate.
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $292.1M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.0¢ | $730.7K | 6.069M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 368399 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 973194 | 9 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MEI (ASX) Chart |