Ann: Quarterly Cashflow Report, page-5

My sentiment exactly. Not often these days you see a mining exploration company with such low admin costs compared to the development and exploration expenditure but Dr Tunks is running a very tight ship with MEI and using the CR funds exactly where they should be used. Still not happy with where the SP currently sits and find it hard so many are investing in the DRC plays even though they don't even yet have a project.
We have great tenements, amazing historical cobalt grades, which blow any of the Australian explorer grades out of the window, and great management who are using the company funds very wisely so no CR on the horizon. IMO when the drills start to run there will be a big re-rate coming in MEI.