SL1 0.00% 0.0¢ symbol mining limited

A long time ago..., page-20

  1. 12,279 Posts.
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    Seems like this shell had a difficult past. Sorry to hear about that, but at least there is a chance it can become something decent. These assets and the new management are not insignificant.This could start mining within months and a Fes study will hit very soon and (given the grade) this will print money. It reminds me of Jubilee mining. I did a part placement in that at 10c years ago and even people within the nickle industry told me it would not work..how wrong were they. Its all about the grade here folks and zinc is looking good. Near surface super high grade direct shipping ore is rare. Take a look at AVZ, many would tell you to stay away form the Congo and yet it hit $500m market cap and will take a large chunk of cash and time to get into production. Management have the skills and track record within this company. Old energy companies get recycled, just as explorers got recycled into tech companies. $150 oil crashing to $28 will do that to anyone. Some of the most successful companies come back to life with new teams and new projects. FMG is another example.
    I am looking forward to some near term drilling results and the fes study since ive spent enough time in the game to understand that this is cheap. Please dyor.
 
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