MEU 2.17% 4.7¢ marmota limited

Overdue to run

  1. 818 Posts.
    lightbulb Created with Sketch. 352
    The first signs of gold at Aurora Tank was when Apollo/Marmota JV (AON/MEU) released a report 21/10/2014 that high grade gold was discovered . At that stage the price was around 1.4 cents. With all of the activity at AT since then the share price has only climbed to 6.5 cents once and that was around June 2020 but fell below that soon after. With the prospect that Marmota have a major discovery the share price has never backed that up . languishing in the low fours over the last year and now talking about going into production you would think that the market capital would be a little higher than it is. For the long term holders they have been very patient and I would say its well overdue for Marmota Management to promote its asset a little harder from here on . I suppose that the current drilling program is a major step forward but experiencing lots of problems there. Sooner or later Dr Rose has to set this one free for a well overdue run . I don't think it would hurt , if we have a good product let everyone know about it from now on .
 
watchlist Created with Sketch. Add MEU (ASX) to my watchlist
(20min delay)
Last
4.7¢
Change
0.001(2.17%)
Mkt cap ! $49.76M
Open High Low Value Volume
4.6¢ 4.7¢ 4.6¢ $12.68K 275.2K

Buyers (Bids)

No. Vol. Price($)
3 1019788 4.5¢
 

Sellers (Offers)

Price($) Vol. No.
4.7¢ 543076 3
View Market Depth
Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
MEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.