MEU (ASX) JORC Aurora Tank

Originally posted by stag11: ↑

3yrs ago they were getting a sample together to do the metallurgical testing plus resource estimation ?

Sept 2021 started going on about Jumbuck and Junction dam as well as work at AT.

Starting to look like a cut and paste.

9 months later the bulk samples still haven't been done and still going on about the bulk densities and resource estimation....yes the resource got bigger too.

Jan 2022

February 2022
Bulk tests complete and positive.
Resource estimation not referred to as far as I know.

April 2022
more drilling north west flank has more gold.

Aug 2022
Intention to define pit size
You would think a Jorc would follow that imho?

Nov 2022
director gets the S's with shareholders

We are equally delighted to get the metallurgical test work program underway

May 2023
Test work is just beginning according to annual report
Lots of info on on Uranium and REE's

Nov 2023
Metallurgical work is underway and focusing on low cost open pit heap leach operation which we all knew from the begining

April 2024
metallurgical program is currently on track, and approximately 40% completed......hmmm it had a slow start.

I didn't read everything just picked out what seemed to be the relevant reports and didn't see anything about a mining licence being applied for. Maybe it might have been commented on further back I'm not sure . I know a jorc was referred to way back.
We have been drilling at least 7yrs, our shares on issue have increased hugely and we still don't know what we have except the the drill says it gets richer as it gets deeper and we have no idea when we are going to be producing. It's going to take a big loan from the likes of Macquarie and a gold hedge to go deep straight off the bat. The Dr and us are going to be diluted once again, but that's mining. Frankley I would rather we got taken over at this point. Not likely to happen though.

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i was just going through the same sort of thing this morning, and thought maybe someone has replied adn done alot of searching for me, so thx it takes an effort to put together.
the metallurgy I thought had announcements prior of being close, and maybe a 90% mention, then it went down to 40%... and lastest, months away,i did some research into the time it should have taken, 6-9 mnths some sooner.... we will be at near 1.5yrs?! with that supposed redoing of core sample as contrator stuffed up,

i would like to find where, i think it was under the what next, in updates maybe 2 year ago, of looking to obtaining a mining licence approval....said to be soon to.. back whenever... think i saw it twice then the trail when cold, but can't find where....any ideas..
as this is when i topup, thinking we would be producing 2 years ago.!!!! this by the timelines indicated, xmas this year? .... well im old any may not make it.
hopefully i can put together an email list of queries and please explain. todays letter is obviously pressure from shareholders, but the reponse is hype, and generalised.
saw one quartier or AGM presentation... mention all our great assets... and the end of list all those things..had the one liner....'and yet'.... and then showed our share price, clearly suggest how low our MC was,
the only thing the wider market will believe is if we start producing, and as your good work shows... promises go back far too long ago.
i started flowing MEU maybe close to 8 plus years ago, but only got in 3 years ago, thinking the time is right.... um....then
still waiting tobe proved right
when was that licence promised? seem we don't even have total approval to proceed with current whatabe drilling programs, for program X... the dr is brave at least to staple it that, and many other catchy (corny) tags