Next door TYX sells ~300koz for $1m, that's ~$3 an ounce in ground. You can understand why Rosie and Wills may not want to release a JORC. They are conceiving every strategy of exploration virtue signalling possible (gold in trees, leaching tests, hiring a process guy etc.), so as not to give up a measured JORC resource.
Until MEU can show what resource they have, investors will remain the audience and the board here will be the Illusionist.
MEU Price at posting:
2.4¢ Sentiment: None Disclosure: Not Held
