MEI 1.08% 9.4¢ meteoric resources nl

Ann: Sale of Midrim and LaForce, page-3

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  1. 7,025 Posts.
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    Saves us doing a cap raise and if TTW runs up then we'll be in a good position starting from 4.9 cents per share.


    I reckon Midrim and the other nearby tenements require specific focus on stringing together all the smaller deposits. If that's TTW's strategy then it will probably be a win-win for both companies.


    No capital raising coming up for MEI anyway - they would definitely sell the shares first, so hopefully TTW does well!


    Maybe Tunksy can sell the JV interest to CHN next!

 
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9.4¢
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Mkt cap ! $222.2M
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9.3¢ 9.5¢ 9.2¢ $286.0K 3.065M

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9.5¢ 22882 2
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