General chit chat, page-49

RJ, It definitely is the right idea to wait and see at Iron Mask (re BMR next door), and it shouldn't be too much longer I hope.

I have always felt that Midrim is MEIs' insurance, and also think that it is not being factored into MEIs' value because of all the hype around cobalt and the market being fixated on the results at Mulligan etc; and then all the cobalt juniors have been beaten down all year thus far and MEI is another one of the many in that regard.

For that matter nickel has been taking a bit of a beating too lately, but if you look at nickel on a 12 mth chart it is still in an uptrend and you can still  say the same for cobalt, regardless of the price coming off somewhat lately.

I remain a true believer in the EV revolution, and feel that battery minerals prices will bounce back very hard in the not too distant future. A bit like a spring really, the harder you push it down the stronger it will push back up. The smashing the junior battery metals hopefuls have suffered this year follows the vertical rise many of them enjoyed late last year and fits in well with the tough year for the metals complex, and the instos have been making a killing off the weak retail hands.

But I am bullish on Ni, Cu, Co, Li, the battery metals have also suffered because of the latency of demand, but demand for battery metals will start to grow with each passing month, more battery factories being built and they will start to come onstream and stimulate demand.

I want to get back to Midrim though and would be interested to hear what you think about what it is in the ground there, I think it looks very promising as a stand alone project.