Yeah, exploration at Iron Mask & Mulligan started on 30 October, so should see an update very shortly.
The issue we have are lots of trapped bulls who bought in at 8c+ over October with the expectation of 10-11c following. These guys are sitting on paper losses and are unlikely to be long term investors. I think this will put lots of selling pressure on the SP, especially as non-cobalt related updates are released to the market.
Great opportunity for LT holders to buy in cheaply. All MEI need to do is provide a whiff of data suggesting they have 10% Cobalt grades, and we'll be in the mid-teens to low 20s in no-time.
Ann: Meteoric Commences Maiden Drilling Program at Midrim, page-10
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Last
9.1¢ |
Change
-0.002(2.15%) |
Mkt cap ! $222.2M | |||
| Open | High | Low | Value | Volume |
| 9.4¢ | 9.6¢ | 9.1¢ | $122.1K | 1.323M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 573100 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.2¢ | 51329 | 8 |
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| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| MEI (ASX) Chart |
