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9.8¢ meteoric resources nl

That strategy seems sound potentially although I've seen claims...

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Diesteach

218 Posts.

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06/12/18

06:49

Post #: 36765527
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Originally posted by catscatscats: ↑

Yup - there was an article recently saying they were looking for $1.40 in the IPO . . as soon as that IPO's the area will get busy as that's a whole truckload of activity and money pouring in all at once. Im hearing that a major partner is going to bankroll the lot. No idea who that is but something any of the big geo's or EV makers could do. At the point of IPO the release data for many of the sites will come up and MEI will be swept along in the wave. McAra is already out but there is drilling at Iron Mask, Island 27 and other sites that havent been talked up just yet plus a number of other claims right next to us.

So . . in the cold light of day. "Why bark when you've got a dog" . . if there is a massive player sitting right next to you spending up big to drill, wait till they derisk things for you with their own money . . meanwhile work on another area (Joyce) as a Plan A+

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That strategy seems sound potentially although I've seen claims side by side with very different results.
However it's a good strategy. Nearology has worked in the past and will work again.
iI'm frustrated I've run out of funds to buy more at these levels.

MEI Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 9.8¢		Change 0.001(1.03%)		Mkt cap ! $222.2M

Open	High	Low	Value	Volume
9.8¢	10.3¢	9.7¢	$318.6K	3.224M

Buyers (Bids)

No.	Vol.	Price($)
3	104546	9.7¢

Sellers (Offers)

Price($)	Vol.	No.
9.8¢	2896	1

View Market Depth

No.	Vol.	Price($)
5	1773521	0.011
11	2924000	0.010
6	4510000	0.009
7	2258300	0.008
1	142857	0.007

Price($)	Vol.	No.
0.012	620532	3
0.013	1998837	5
0.014	926384	7
0.015	670000	2
0.016	1179000	5

Last trade - 16.10pm 22/11/2024 (20 minute delay)

MEI (ASX) Chart