I think there would be more pressure on ARU and ARR
1) we arent reliant on super high long term price assumptions to make decent margins
2) MEI's capex/opex according to broker reports should come in significantly under ARR's
3) As for other Brazilian projects nearby us, they have a hell of lot of catching up to do regarding drilling, met work engineering studies etc, dont underestimate the massive head start we have thanks to all the work previously undertaken by JOGMEC
4) its all about putting it all together, high grades with scale. These others you mention in Brazil might have high grades but lack the scale Meteoric has..
DYOR
King of the Clays, page-18
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Last
18.8¢ |
Change
-0.003(1.32%) |
Mkt cap ! $373.1M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.8¢ | 18.5¢ | $25.81K | 139.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 2149366 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 840190 | 29 |
View Market Depth
| Last trade - 11.26am 05/06/2024 (20 minute delay) ? |
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Last
18.8¢ |
Change
-0.003 ( 0.32 %) |
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| Open | High | Low | Volume | ||
| 18.5¢ | 18.8¢ | 18.5¢ | 132500 | ||
| Last updated 11.39am 05/06/2024 ? | |||||
| MEI (ASX) Chart |