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10.0% 1.8¢ middle island resources limited

$50m Market cap and a 675k ounce resource- crazy, page-20

  1. tbrin
    2,516 Posts.
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    17/08/20
    06:14
    Post #: 46580597
    CAPEX on this project is essentially $10m to be up and running with 600ktpa plant and 675k oz resource, plus whatever they uncover with the rest of this drilling. Throw in some toll milling from 20 odd isolated resources within 200kms and the "low grade" hits become quite attractive. Top that off with some of our high grade hits and really looks quite solid.
    MDI Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
1.8¢ 		Change
-0.002(10.0%) 		Mkt cap ! $4.914M
Open High Low Value Volume
1.8¢ 1.8¢ 1.8¢ $4.5K 250K

Buyers (Bids)

No. Vol. Price($)
1 200000 1.7¢
 

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Price($) Vol. No.
1.9¢ 142857 1
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