I'm not sure that Next Investors stumped up in the last CR...

First 4 Last

Share
Profile

Follow
Klotho

5,738 Posts.

875

05/03/25

16:25

Post #: 78145242
Share

Originally posted by POPnTOP ↑

div>div>:is(p,ul,ol)]r-4 md:[&>div>div>:is(p,ul,ol)]r-8 [&_pre>div]:bg-bg-300 [&_.ignore-pre-bg>div]:bg-transparent">
I'm really liking how MEG has been trading lately. It's a shame they ditched the rare earths play, but they must be eyeing something they think has way more potential to really make the company.

For 4 million dollars enterprise value, there's a lot to get excited about here. Gold and copper prices are at or near all-time highs, and MEG is working on locking down an 80% stake in what they're calling a "major European copper project."
And don't forget about their gold ground next to the Aquilon project. That's where they found some of the highest grades ever seen in Quebec - we're talking 834 grams of gold per tonne!

Honestly, it won't take much news to get this stock moving, since the upside here is way bigger than any downside risk. With Next Investors backing them and not many shares on issue, this has got to be one of the best risk vs reward plays on the ASX right now.

Expand

I'm not sure that Next Investors stumped up in the last CR @POPnTOP They only said that they were assessing it. You do realise that the Cu project in Spain that MEG is buying (80% of it) is owned by the CEO? Well so I'm told and that company was just registered in July. It all seems a tad shady to me as why haven't they come out and stated it for all to see.

MEG Price at posting: 1.5¢ Sentiment: None Disclosure: Held
1 Upvote

1 Great analysis

Reply

Top Stories

RC1

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

ASX Market Open: Hopes turn on Israel-Iran attacks barely rattling crude price | June 17, 2025

NUZ

This stock is crafting a cure for Huntington's – and it's making progress

ASX Market Close: Index treads water as Energy stocks surge | June 16, 2025

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 1.3¢		Change -0.001(7.14%)		Mkt cap ! $7.886M

Open	High	Low	Value	Volume
1.5¢	1.5¢	1.3¢	$62.86K	4.459M

Buyers (Bids)

No.	Vol.	Price($)
1	50000	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.4¢	410004	1

View Market Depth

No.	Vol.	Price($)
1	50000	0.011
2	453330	0.009
8	1624003	0.008
3	1400000	0.007
2	1500000	0.006

Price($)	Vol.	No.
0.014	410004	1
0.015	1041666	1
0.017	19089	1
0.018	270000	1
0.019	181818	1

Last trade - 15.45pm 16/06/2025 (20 minute delay)

MEG (ASX) Chart

I'm not sure that Next Investors stumped up in the last CR...

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

ASX Market Open: Hopes turn on Israel-Iran attacks barely rattling crude price | June 17, 2025

This stock is crafting a cure for Huntington's – and it's making progress

ASX Market Close: Index treads water as Energy stocks surge | June 16, 2025

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I'm not sure that Next Investors stumped up in the last CR...

Top Stories

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

ASX Market Open: Hopes turn on Israel-Iran attacks barely rattling crude price | June 17, 2025

This stock is crafting a cure for Huntington's – and it's making progress

ASX Market Close: Index treads water as Energy stocks surge | June 16, 2025

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News