MLS 0.00% 1.9¢ metals australia ltd

Update

  1. 2,103 Posts.
    lightbulb Created with Sketch. 184
    So old MLS mates, I haven't been on HC for over a year, maybe 18 months, got tied up in other things, the way it goes. Amazed to see many familiar names still in the threads here.

    I've 3 million MLS shares bought in the days when optimism was high (but clearly unwarranted!), that have been in the bottom drawer for 3 years, but noticed today that SP had risen from 0.001 to 0.002 so I thought I'd see what was happening (if anything). I've tried reading back through the threads to catch up, and looked at the company website (same old gloss/dross), and would be grateful if someone could correct me if I'm wrong on this summary.

    (1) Graphite at Lac Rainy Nord - STILL in exploration phase, and proving JORC - why has this taken sooooo long?
    (2) Quebec Lithium - is this on the back burner because the market dropped out of lithium?
    (3) All options have now expired - does this mean they are close to running out of money? How will they raise more? Surely no one would buy options now. How long before they go broke totally?
    (4) A cleaning out of all non-viable shareholders to reduce admin costs.
    (5) Despite Manindi Zinc being listed on the website, nothing is happening there (hasn't for years now)?

    I still don't understand why SP went from 0.001 to 0.002, having been at 0.001 for yonks (though did go to 0.003 in Sept last year). Could someone enlighten me please?

    Anything to look forward to? Any reason for me to have renewed optimism? I'd basically written these off. Or should I go back to sleep?

    Cheers and thanks, Graywolf
 
watchlist Created with Sketch. Add MLS (ASX) to my watchlist
(20min delay)
Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $13.78M
Open High Low Value Volume
1.9¢ 1.9¢ 1.9¢ $2 85

Buyers (Bids)

No. Vol. Price($)
10 1580932 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 199215 3
View Market Depth
Last trade - 10.04am 17/07/2024 (20 minute delay) ?
MLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.