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5.3¢ meeka metals limited

Interesting Read, you had me at multi-bags.The ship is set for...

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Singlemalt

17 Posts.

2

31/07/24

15:29

Post #: 75007474
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Originally posted by binwood: ↑

BTR in TH today for a merger with AME and a $20m raise. Going to move it to about a $160-180m MC.

I think the play for MEK is to get debt funding and hope for a bit of a bump in our scrip price and then try and consolidate OAU, GBR and maybe even ODY in. All within trucking distance you would then have c. 600koz+ of >3g/t OP material. Gives a huge amount of blend feed for Andy's well and time to drill Andy's well properly for extensions. The debt for plant would be less significant in a bigger combined entity MC too

Run a few years cashflow and then expand to 1Mtpa plant and you have a 100kozpa for 10 years producer.

Consolidate some stranded assets and should return multi-bags.

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Interesting Read, you had me at multi-bags.

The ship is set for sail and it might not even stop into port to be loaded - I'm in before it does.

Ahoy

MEK Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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(20min delay)
Last 5.3¢		Change 0.002(3.92%)		Mkt cap ! $76.91M

Open	High	Low	Value	Volume
5.3¢	5.4¢	5.3¢	$38.46K	723.4K

Buyers (Bids)

No.	Vol.	Price($)
2	200050	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.4¢	374128	4

View Market Depth

No.	Vol.	Price($)
2	227975	0.053
5	541932	0.052
8	813307	0.051
9	2738319	0.050
6	774642	0.049

Price($)	Vol.	No.
0.054	342964	3
0.055	451054	3
0.056	500000	1
0.058	202231	2
0.059	115870	1

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