MLS 0.00% 1.9¢ metals australia ltd

Ann: Further Drilling Intersects Near Surface High Grade Graphite, page-33

  1. 2,702 Posts.
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    I'll be honest, i bought in relatively low and waiting for a window to sell, if the SP rises. Not going to sell for a loss, period. Bought at 0.005 for the ordinaries. Also got MSOA thinking MLS would met their own objectives and deadlines !!

    I saw red when drilling didn't begin in Winter. There'd been slippage last year but this became a complete miss. This costs money.

    I also figured with some of the Anns indicating a possible disposal of the Zinc defined resource, i thought MLS would be cashed up sufficiently. So wasn't expecting the CR and this completely changed my mindset on this stock. Delays are one thing, then a CR right before drilling simply is not good enough and so it's a case of lines crossed and time to sell.
 
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