MEI 1.03% 9.8¢ meteoric resources nl

My 2 cents as I haven't posted in a while. Whilst Mulligan was...

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  1. 239 Posts.
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    My 2 cents as I haven't posted in a while.

    Whilst Mulligan was the first ready target, note that it was the first one made drill ready by the previous team. Looking at the 23rd July announcement, the high chargablility areas don't look to be massive. Mulligan was never why I personally invested and a hit there would be a nice addition but not the company maker in my opinion.

    I invested for Iron Mask, however they have since picked up some nice new dirt that looks promising as well. I personally would rather had them drill the other targets like Iron Mask or Lorraine or Beauchamp first. Much bigger pieces of dirt but I also understand they need to do the VTEM, surveys etc.

    Management need the price to get to 8c to vest, so lets see how their program goes this field season. They still have a lot planned including more surveys, VTEM and drilling as well as results from each..

    And the Cobalt price is recovering.. Cobalt is still the missing ingredient that we need a lot more of.. As the Europeans start to produce batteries and cars, they will be looking for "socially clean" Cobalt. This will not be for 3-4 more years so plent of time to built the company up.

    Do Your Own Research. Not investment advice.
 
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