Compare it to COB who with an average grade of 800ppm (0.8% cobalt) have come as far as proving a JORC compliant resource and they have a diluted MCAP of about $160m.
If MEI can prove up a resource including pocket grades remotely close to the 8 and 10 ton bulk samples (100,000ppm - 150,000ppm (10%-15%)) then MEI is, in my view, sure to be a very, very, very high margin and high value operation.
Compare it to COB who with an average grade of 800ppm (0.8%...
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9.2¢ |
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Mkt cap ! $222.2M | |||
| Open | High | Low | Value | Volume |
| 9.2¢ | 9.3¢ | 9.1¢ | $132.1K | 1.432M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 525483 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 105582 | 12 |
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| Last trade - 11.57am 28/11/2024 (20 minute delay) ? |
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