Stands corrected by the nut. Had heard that but completely forgotten about it.
They have samples ready for the market and hopefully have been busy getting a buyer for the resource.
It's funny reading some other forums with people complaining about being undervalued. For example a junior oil company with a market cap of
15 million. 509,000,000 shares on issue and options 3.1 cent SP 4 million cash on hand.
No producing projects.
Undervalued!!! MEP are basically valued to cash in the bank. Everything else is free!
With MEP projects potentially worth hundreds of millions, It's fair to say MEP is a little underdone. I like the fact MEPP only have the 103,000,000 on offer. Should be no need to dilute them either. Our time will certainly come.
MEP Price at posting:
15.0¢ Sentiment: LT Buy Disclosure: Held