That’s what I saw when I first had a look at this company. Even Blind Freddy can see it’s got great potential and totally undervalued. Maybe the risk is too high for some and they would rather see an indicated/measured resource before buying. I’m happy to have in my pocket now, good money to be made when explorer/developer transitions to producer. And as you mentioned with the plant and other infrastructure already in place, capex will be low and little time will be wasted. Most attention is on mid/large producers at the moment so we will have to wait until they’ve ran for a while before things turn to junior miners then developers and finally explorers.
MDI Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
