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MEU

2.63%

3.9¢ marmota limited

SNAILS PACED.LOLOther than that this company is due for a...

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mrbiggz1979

1,252 Posts.

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20/04/22

13:33

Post #: 60936456
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Originally posted by trousergecko: ↑

Joined your happy band, initial stake... Had a look at the SA lease layout, saw the PTR trend south runs into large continuos MEU leases. Worth shot. PTR is reacting strongly, of initial clay results, the best cluster is just across the tenement boundary. PTR seem to have carefully chosen the drill depth so nearly all the clay was EOH in shallow drills.

Did a very quick research on your company, finances look good, money in the bank, spin off some U assets. Have some decent equity positions in other companies. The gold drilling is very impressive, I hadn't take much notice. The grade is strong and over a board footprint, not too deep. A round of drilling completed, assays awaited, next large round commenced.

OK, what are the issues?

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SNAILS PACED.
LOL
Other than that this company is due for a massive rerate.

MEU Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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(20min delay)
Last 3.9¢		Change 0.001(2.63%)		Mkt cap ! $42.37M

Open	High	Low	Value	Volume
3.9¢	3.9¢	3.8¢	$12.15K	311.7K

Buyers (Bids)

No.	Vol.	Price($)
3	297780	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	565986	1

View Market Depth

No.	Vol.	Price($)
3	297780	0.038
1	100000	0.037
5	720433	0.036
12	950774	0.035
2	2400000	0.034

Price($)	Vol.	No.
0.039	565986	1
0.040	14407	1
0.041	100000	1
0.042	100000	1
0.043	200000	1

Last trade - 16.10pm 01/11/2024 (20 minute delay)

MEU (ASX) Chart

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