Meeka Metals (ASX:MEK) heading in right direction following release of feasibility study

Sonia Madigan:

We’re joining you from the floor at the Kalgoorlie Diggers & Dealers mining forum. I’m with Tim Davidson.

Now he is the MD of Meeka Metals (MEK). Tim, thank you very much for giving us your time today. Where is Meeka Metals at?

Tim Davidson:

Well firstly, thanks for having me on Sonia. We’re here in Kalgoorlie catching up with a few people trying to get the news across about our really exciting gold project in the Murchison.

It’s a really exciting gold development opportunity for us. We released a study in mid-July that outlined an eight-year mine plan, slightly over nine years of milling, really strong production, good cash flow, and we’re out here catching up, as I said, at Diggers & Dealers and explaining to people what we want to do and where we’re going with the business.

Sonia Madigan:

And what is the ideal outcome for attending an event like this?

Tim Davidson:

Look, I think it’s really important to get in front of as many people as you can. You’ve got a really broad spectrum of company executives. A lot of the institutions and brokers from the East Coast come across.

So it is a really important event that you do get a lot of face-to-face time that perhaps
you don’t get when you’re in Perth. It can be quite difficult to travel, but look, this is an event that brings everyone together and it’s a lot of fun, a lot of companies. And I think everyone really enjoys it.

Sonia Madigan:

Well, let’s talk macro for just a moment. How do you see the outlook for gold over the short to medium term?

Tim Davidson:

Look, I think we’ve seen the Aussie dollar gold price and even the US dollar gold price has been reasonably stable. And it looks like it’s setting your base internally. You know, we’re a gold business, we’re bullish about gold. And look, we hope it goes higher. But it certainly looks like when you look at the charts and you look at the macro environment that we’re in, there are a lot of things that support a higher gold price and you know that’d be great for us and for a lot of these companies that are here at Diggers & Dealers.