I am still very surprised to see this is below the cap raise price especially given the massive over subscription for it and given the big jump up in price before the cap raise closed, but looking at other cobalt stocks it appears the heat has gone out of cobalt stocks in general abit at the moment and the poor results at EUC may have scared the market at the explorer end.
In my opinion what we need to start the SP rising again is an updated time line and presentation from the company now as the latest one I can see only goes to Q1 2018 and that presentation was in Sept 17. Would especially like to see a planning and timing announcement about cobalt drilling too please!!
I think this will be a big year for MEI but we need an updated plan for the next 2 years now especially that we have lots of $$$ in the bank and I think the focus needs to shifts to cobalt. Just my opinion.
