MLS 5.26% 2.0¢ metals australia ltd

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  1. 2,316 Posts.
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    Thanks for you view Juqu.
    You're right it is a very tough environment for a specci in zinc at the moment and it is going to be a challenge to get the sp back up.
    After reflecting on the updated Manindi cross sections that the Company put out in it's AGM presentation on 13/11/07 I tend to concur that with Expand's view posted on 5/2/08 that the upgrade may be in the order of 30%- 50% -- depends on the grade of the additional resource being included in the updated JORC.In any event I think it better to underexpect and be pleasantly surprised rather than the other way round at the moment.
    All the above is an amatuers opinion !
    I think that the main game for the Company is Uranium at Mile 72 if it keeps unfolding in the right direction.
    Best wishes .
    IMO
    Q
 
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