I would keep the faith that common sense (share price will catch up with fundamentals that is relative to peers) will prevail and I expect we will rerate soon.
The Midrim EM alone looks excellent with the geophys highlighting a significant reserve is likely to be delineated, and as for Cobalt tenements MEI has announced that they are completing ground surveys including surface rock chip and grab sampling. This should be at the labs / awaiting assays by now. Based on the historical versus re-assays I would expect consistent results (read excellent) given the historic >10% Co.
Also, BMR have commenced drilling at Iron Mask and I expect an update from them very soon.
Cheers,
What’s going on, page-116
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