Yup, they wanted to raise about $75m CA from memory in the float last I saw in Jan. They have a recommended cost as $14.9 for the 1st year work program plus by the end of the year they have a JV in place with ISI to start working on an ontario cobalt production facility.
Tony McCormack at MEI is also ex BMR so lots of cross chatter is likely
None of this can be bad for MEI.
Local production facilities being brought up, investment dollars coming in, little things like roads being cleaned up, drill rigs and employees moving into the township. More access to the essentials of mining and a fairly friendly relationship it would seem between the two. When BMR shows it's hand on those grades MEI will likely benefit.
Yup, they wanted to raise about $75m CA from memory in the float...
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