Ann: Further encouraging results received from Sandstone drilling, page-21

I recently picked up a small parcel of MDI,
my reasons for this

• share price heading up prior to CR once the churn of those selling for a quick buck @ 0.012 is complete and Copulous completes his sell off it should continue up on good news. IMO now is a good time to buy.
• with CR now done we have funds to ramp up drilling and more importantly complete PFS to reopen the mill that was un successful in 2016. announcement of successful PFS and actually getting going will see several bags in the medium term IMO.
• PFS that did not stack up in 2016 when POG was around $1600oz, (they never announced a ASIC?) even with increased production inputs we should see a positive PFS shortly.
• there are stranded high grade deposits in the region that could be profitably trucked and toll milled in the region eg RXL Grace deposit, with the increased POG most Toll mill options are now booked out, high grade third party ore makes the PFS more attractive or MDI may get a TO offer
• POG not going down anytime soon.

I would like to know what % royalty MDI need to pay to previous lease holders on any production?

DYOR etc etc