true market value of mli, page-5

Abers

I don't think there will be dividend payment yet as MLI needs to use the cash to kick start their advance Gold Uranium Tailings - MLI have the best of both performamncing commodities covered (as recently predicted by analysts) !!!

MLI will be strongly re-rated due its assets :: Cash AUD$21m (with no debts) + Gold Projects (5m oz @ AUD$893 = AUD$4.4B, but allow NPV at AUD$50 per oz (average Cash Cost at AUD$690 per oz, giving profit of AUD$203 per today's price) = AUD$250m !!!!) + Uranium Projects (27m lb @ AUD$5 per lb, giving a MV of AUD$135m) + Sulphur Project (value ?) + 27% od WWI (approx 37m shares @ 8.5c = AUD$3.15m) --- Giving a NTA of $388m at 55c per share !!!

I's only worth now at 10% of its true value

I am still accumulating - switching from other mining stocks with less cash than MLI - recent re-bound of U stocks now also favours MLI greatly.

May see a rally near closing and a strong bound tomorrow if Wall Street goes up tonite

Maybe all HC posters should cancel all their sell orders - what do you think ? Just joking ...

Best of luck everyone !!!

AoA