MDI middle island resources limited

$50m Market cap and a 675k ounce resource- crazy, page-28

  1. 2,637 Posts.
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    How is this for Nostalgia! Throw Back Old School NST.

    A true Aussie success!

    A story of the underdog that rose above the pack!

    A story of how accretive acquisition can quickly turn a small company into a large cap

    No doubt there were alot of doubters along the way and many are probably suicidal on the though they they once held NST but sold for a pip because they are a pea brain dumbass dog shit eating trader.

    Now, MDI following in big brother NST's footsteps, a producer with access to up to 1.8 Moz of nearby deposits to acquire or toll mill, a central processing operations that historically produced up to 90,000oz P.a could easily be upgraded to to be a 125-150Koz P.a producer.

    In addition to the above is the immediate resource we are currently defining, likely in excess of 1Moz.

    You got to remember, the company's STATED STRATEGY TO TO COMMENCE PRODUCTION FROM SHALLOW OPEN PITTABLE RESOURCES.

    THIS IS SUPER LOW RISK!!!!!!!!!!!!!!!!!!!!!!!!

    MDI will build a strong cash reserve and eventually when the market subsides, and the tide goes out do you discover who's been swimming naked. There will be plenty of companies for MDI to acquire!



    https://hotcopper.com.au/data/attachments/2393/2393096-a4ad38bb6efa4af85cc7c9ec39687a23.jpg
    https://hotcopper.com.au/data/attachments/2393/2393101-5c1b0e729276a7c9e528962f7876b9fd.jpg

    Last edited by Corgi: 19/08/20
 
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(20min delay)
Last
1.9¢
Change
0.001(5.56%)
Mkt cap ! $5.571M
Open High Low Value Volume
1.9¢ 1.9¢ 1.9¢ $760 40K

Buyers (Bids)

No. Vol. Price($)
2 163196 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 79582 1
View Market Depth
Last trade - 09.59am 07/08/2025 (20 minute delay) ?
MDI (ASX) Chart
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