I totally concur. Currently MLS has a cash value of approximately .065 but the picture IMO is very different to that. Once lease extension is granted, which I am sure it will, the holders IMO will be rewarded.
The SP will not rocket given the current climate but we will begin to see some positive movement. 5c in my mind can quite easily be achieved. We must also keep in mind that the SP is a poor indicator at the moment.
Once a drill arrives and we begin to dig some holes, which in my mind $4.5m is more than enough to dig a fair few, with some positive anomolous readings no doubt - We will be back on track. The only thing that should influence the SP in any way is when we in 3-5 years time begin to commercial and raise capital for the shipment of 'U' to the rest of the planet.
No doubt by then the SP will be between 50c-$1 so who will give a s--t. Bide your time and all will be well but if you have doubts then I will be more than happy to pick them up from you for .005c.
Cheerio Nikess.
team mls, page-4
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