I dont think it was for a taste. Pretty sure the $1mil placement is exactly what we needed, money to complete JORC and for some drilling on targets which they have been eyeing off for 2 yrs now. Don't know about you but pretty sure an exploration venture could scope out some pretty good spots to test if you've had 2 yrs to locate them.
$1mil was also good capital management. We basically saw no dilution and because of that we're already back at 2.3c!
MEU Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
