Hello. I recall reading a recent announcement about VMM proposing to use IXR's theoretical technology. This may possibly point to the questionable conventional economics of VMM's projects due to grade; and also point to why MEI are focused on developing a 4,000ppm to 5,000ppm 5mpta deposit. My personal view is, based on current REE prices (which are improving), VMM has poor economics using conventional processing & CAPEX and MEI is severely overvalued.
REE prices recently bottomed out in line with historical (pre-COVID) REE prices. What is going to happen to REE prices if suddenly thousands of tonnes of Brazilian REE floods the market?
The last time I looked, it appeared Cupim South is the only deposit that could prove up 50Mt approaching 2,800ppm (if lucky).
Hello. I recall reading a recent announcement about VMM...
Add MEI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.5¢ |
Change
-0.010(5.13%) |
Mkt cap ! $368.1M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 18.5¢ | $1.403M | 7.435M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 567243 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 159834 | 5 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
|
|||||
|
Last
18.8¢ |
Change
-0.010 ( 3.85 %) |
||||
| Open | High | Low | Volume | ||
| 19.5¢ | 19.8¢ | 18.5¢ | 2534626 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| MEI (ASX) Chart |