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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Last
18.5¢ |
Change
-0.010(5.13%) |
Mkt cap ! $373.1M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 18.0¢ | $535.9K | 2.871M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 168 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 30835 | 3 |
View Market Depth
| Last trade - 15.59pm 22/05/2024 (20 minute delay) ? |
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Last
18.5¢ |
Change
-0.010 ( 2.68 %) |
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| Open | High | Low | Volume | ||
| 19.0¢ | 19.0¢ | 18.3¢ | 1977352 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| MEI (ASX) Chart |