MEI 1.08% 9.4¢ meteoric resources nl

I am no Geo-physical Engineer, so I don't know what to make of...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,104 Posts.
    lightbulb Created with Sketch. 533
    I am no Geo-physical Engineer, so I don't know what to make of the pictures that are put up on some of the announcements by mining companies.

    The image below is from the ann. of 21/6/18 by MEI - Outstanding Geophysical Results at Mulligan
    Screen Shot 2018-12-10 at 4.11.26 pm.png
    The image was generated by a "closely spaced, ground based geophysics program of induced polarization (IP) resistivity and magnetics"

    Then we had the 3D Modelling of the 2012 Aero TEM survey at Joyce
    Screen Shot 2018-12-10 at 4.17.32 pm.png

    And today we have a different type of survey again "an airborne VTEM survey", which generated the following
    Screen Shot 2018-12-10 at 4.04.37 pm.png
    I understand MEI are on a budget, but I do wonder why they have used 3 different types of survey formats to generate drilling targets. In fact I am very curious about why this is so, curious to the point that I most likely have to talk with Andrew Tunks about the subject.

    Does anyone here know why MEI would have taken this approach ? Or does anyone here know about geophysical techniques employed to develop drilling targets, because as I see it MEI have used 3 different approaches to develop drilling targets over the 2nd half of this year.
 
watchlist Created with Sketch. Add MEI (ASX) to my watchlist
(20min delay)
Last
9.4¢
Change
0.001(1.08%)
Mkt cap ! $222.2M
Open High Low Value Volume
9.3¢ 9.5¢ 9.2¢ $286.0K 3.065M

Buyers (Bids)

No. Vol. Price($)
8 419952 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 22882 2
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
MEI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.