Oligarch, I read your post and not sure if you have been reading the reports on MEI. I am about to have a plunge and I read your posts that said, " technically they (MEI) don't have any gold yet, nothing economically proved up yet. Actually if you had bothered to go to the Company report of 31st May 2019 and read the announcement you will note that the Brazil Project they bought and the one we are all talking about has a 2012 JORC compliant resource of 436,000 tonnes of 14.70g/t Gold for 205,000 ounces of Gold. On today's Gold price in Aussie Dollars @ $2,493 an ounce is $511 million. Five Hundred and Eleven Million Dollars. That's half a billion $A. I don't know Oligarch what you consider is " nothing economically yet" haha. This stock is at a market cap of $78m already with a JORC Gold resource of $511m and they have only just started. Maybe time to do a bit of reading.
gold gold gold, page-1240
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $229.8M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $177.3K | 1.736M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 1666701 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 224713 | 5 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MEI (ASX) Chart |