I wouldn't worry mate, BGD is across it.
That Col bloke at MEU has sour grapes over missing out on Gawler Mill bid a while back and now sees what a great asset he missed out on.
He seems like a smart boffin type, but should stay in his lane and deal in boffin stuff and let proper mining folks run mining companies.
If he stepped aside I may actually buy some MEU, geology looks decent, but the company is poorly run.
MEU seem to have a lot of legal issues arising (SA state revenue dept I think I read about a while back) so it tells me when someone focuses more on lawyers than developing an asset, it's not a safe place to invest one's money, as they're not serious about value add for SHs.
Just my experience over a few decades investing so take it FWIW.
As a shareholder of BGD, feel free to contact Alex as he's very approachable and professional, he won't speak out of turn but will cover what he can.
This is more of an issue for MEU than BGD.
I actually like the geology MEU have, but if they got some more serious and experienced management I may buy some, no rush though, as they'll be raising at much lower SP if they don't get a wriggle on developing their assets like BGD is.
BGD will buy them out for pennies on the dollar if that Col fella can't get on with actually running a mining/development/exploration company properly.
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I wouldn't worry mate, BGD is across it.That Col bloke at MEU...
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Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $57.94M |
Open | High | Low | Value | Volume |
26.5¢ | 26.5¢ | 25.5¢ | $34.78K | 135.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 15930 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.260 |
1 | 12143 | 0.255 |
6 | 162921 | 0.250 |
3 | 104216 | 0.245 |
2 | 115915 | 0.240 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 15930 | 1 |
0.280 | 10700 | 1 |
0.285 | 25000 | 1 |
0.290 | 75496 | 3 |
0.295 | 49670 | 2 |
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