George Sakalidis gave presentation on MEI and IMA
John Jones gave presentation on Troy Res(TRY)
MEI-lots of maps,tables,diagrams etc,etc--will try to summarise by saying of the $950,000 drilling budget, $800,000 of it will be at Peak Hill(Harrods) to drill between 50m and 100m depth(between 400 and 500 holes)--this should provide info to go past the inferred and indicated resource levels and declare a measured resource (huge for share price) and yes,they are disappointed with current price(but thats the market)
IMA--good mineral sands deposits being found at Cooljarloo(WA) --right on boundaries of Illuka and Ticor,who will have to be interested in taking IMA out--looks like Forrestania ground will be hived off to a new float,Magnetic Res--IMA holders will get entitlements(no date yet)
TRY--looks like increased profit and increased dividend and new gold prospects,particularly overseas
Hope this helps--cheers
mei and ima prospects
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