5 days trading halt is a long time.
So i hope, monday will be THE great day for MEY.
I am very glad, that the big sellers (Polo-boys, Amber Petroleum) are allready gone.
So maybe some britboys will throw their last small parcels and the sp has the chance to raise up in a new area.
At the moment we are rated with 1,9 USD/pound.
Our neighbours are rated with 4 USD/pound.
I hope that the increase will leave our rating like a greenfield project and will bring us to 4-6 USD/pound.
If you take this 4 USD/pound with the current resource (38mlbs), we should have 35c allready.
So with the resource-upgrade we will see more than 36c/share imho.
In my opinion the expected 50 mlbs would not mean, that MEY can bring their project in production. For production we need a little bit more lbs.
The new presentation looks very good.
It seems they are allready drilling their new mineralisation zones.
Look at site 11, there is a big paleochannel.
What do you think, where this pc ends?
It ends in the trekoppje-project from neighbour AREVA!!!
Also we see, that MEY spends 2.5m$ for a further 7000m drilling program. Think about the potential, this Marenica-Tenement has! 14. january they announced that the radiometrics proved 16!!! new unexplored mineralisation zones at marenica-tenement.
Scoping Study next 10 weeeks. This is great stuff.
So AREVA has to hurry, if they want to have a cheap deal...
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Last
38.8¢ |
Change
0.013(3.33%) |
Mkt cap ! $117.2M |
Open | High | Low | Value | Volume |
37.5¢ | 39.0¢ | 37.5¢ | $260.1K | 682.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 73590 | 38.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 68511 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 46590 | 0.385 |
4 | 74802 | 0.380 |
6 | 67603 | 0.375 |
5 | 82000 | 0.370 |
3 | 38362 | 0.365 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 66423 | 4 |
0.395 | 143776 | 10 |
0.400 | 120648 | 8 |
0.405 | 56447 | 6 |
0.415 | 36885 | 2 |
Last trade - 11.25am 15/10/2024 (20 minute delay) ? |
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