MEI's SP is not the only one down, many company SPs are down on...

MEI's SP is not the only one down, many company SPs are down on the ASX triggered by the sell off in the US markets. People moving money out of stocks, small cap/spec stocks would get hit first in this situation. If you're a long-term holder, short-term SP is irrelevant. Nothing has fundamentally changed with the company for mine. Solid management, cobalt price still rising, focus on mulligan and iron mask drilling, and money in the bank e.g. fully funded to conduct all planned drilling this year. Even the MD advised no cap raising required.