Hi All,
What a great powerpoint from MVL! The key slide for me is page 15, which I will copy below:
Anyone can verify the activity on these projects from recent news releases. When I think about the value in both Tabakorole and Lakanfla, I can't believe this is still a ~A$22M Enterprise Value, especially with clear signs Mali is getting better, like removal of sanctions early this week:
https://www.reuters.com/article/us-mali-security-ecowas/west-african-leaders-lift-sanctions-on-mali-idUSKBN26R24H
I don't think the market understands the 'high impact' drilling at Lakanfla. If the model is correct, this drilling campaign could immediately 'prove' this is a multi-million ounce deposit, and the stock will multi-bag. It's very possible MVL doubles in share price before we get those results, because the current market cap is more than backed by the Tabakorole resource on its own.
Anyway, any readers out there can verify the exciting news on their own. The OKU deal further underpins the ~A$25M market cap.
I bought all the shares I wanted this week. I have confidence this will run higher soon and get A LOT more attention. Much, much higher if they hit at Lakanfla. My only minor concern at the moment is Mali risk in general, which is currently getting better every week.
Special shout-out to @fbx258 , who is one of the few that has posted here, and helped me speed up my research on MVL a little while ago.
Cheers,
MBG
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1.1¢ |
Change
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Mkt cap ! $9.501M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $2.801K | 254.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1913670 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 245380 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1913670 | 0.010 |
3 | 2000000 | 0.009 |
1 | 27500 | 0.008 |
1 | 250000 | 0.006 |
1 | 300000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 245380 | 1 |
0.012 | 2759332 | 3 |
0.013 | 1330000 | 4 |
0.015 | 1565000 | 3 |
0.016 | 300000 | 1 |
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