MDI
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7.69% 1.4¢ middle island resources limited

News: MDI Middle Island Resources says All 10 Of The Co’S Exploration Licence Applications In..., page-41

  1. CBRJT2020
    176 Posts.
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    26/08/20
    19:27
    Post #: 46844420
    @maxpower
    I've seen those images in a bunch of presentations and websites with news / info about MDI.

    For example, checkout this from The Assay mining magazine website:

    https://www.theassay.com/articles/research-reports/independent-investment-research-middle-island-resources-asx-mdi/

    Direct quote from the above:

    'the strategy is to restart the existing 600,000 tpa mill, which is expected to require only in the order of A$10.3 million, including owners’ costs and contingencies, to refurbish'.

    MDI have always said they need to spend $10M and about six months to refurb the plant.

    Pretty good buying opportunity right now!



    MDI Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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