Up the road from Meteoric is the old Beadell Resources operation that starts gold production in Q4 this year. I just wonder if it would be smart if Meteoric buy this operation given it trades on a PE of only 1 for next year? Gold seems to be the place to be now.
click on the link to read the latest report to their Investors. http://eepurl.com/iXtx-g
With rare earths being on the nose and production still some way off for MEI, Tucano Gold seems the logical next step for this juggernaut. Good is Dr Tunks speciality.
thoughts welcome
Up the road from Meteoric is the old Beadell Resources operation...
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $252.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.0¢ | $402.5K | 3.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 275766 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 771031 | 16 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| MEI (ASX) Chart |