I don't understand the panic or frustration with the share price...

I don't understand the panic or frustration with the share price unless you were only looking for a short-term hold here.

This is the second forum I currently see people trying to follow Shimmer in particular. If you want to follow traders without being left behind I would recommend the DT forum or twitter. They're not going to set you up for profit, they ramp and run and you'll find out they've bailed months down the line... overall a bad strategy entirely, follow your own analysis.

Let's just look at the current set up:

- management have been following everything they've said with no exception

- management is highly respected and have lots of experience (my favorite)

- HISTORICAL GRADES MEAN WE ALREADY ESSENTIALLY KNOW WHATS IN THE GROUND AND THEYRE VERY HIGH

- Management has already made it abundantly clear they wish to start their drilling

- Drill campaign likely to cost somewhere between 500-700k (just based off what I've read and other drill program costs)

- $4m in the kitty, we are fully funded through this year and well into next year

- They're pushing to drill at Mulligan which is the one I'm waiting for, results should be with us within a few months and based on historical grades they'll be glamorous.

- BMR right next door getting their act together and looking over the fence at us, going to list at a solid price and we can get a very rough idea from their results etc. too.

- DRC being abandoned with Canada being very high on the list to replace them

- SP is thankfully one of the cobalt plays that hasn't run to 20c + and then retraced and torched people beyond belief (Look at EUC).

THERE'S MORE TO ADD TO THIS LIST BUT CBF.

Finally, I would say by mid-May if we have got our drill results and theyre looking good then we should start to move and it will be a legitimate move not like the others that all ran off the back of pretty basic stuff. I am very happy to have the guys in charge that we have, they're responsive, knowledgeable and eager to get the project moving.

I know its frustrating when it dwindles downhill but the fundamentals of MEI are pretty impressive and we can expect to have a productive 2018, I do feel sorry for the people who took part in the placements, but not much because I bought above it!

Hold through 2018 IMO.