MDL
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0.00% $1.75 mineral deposits limited

strong production quarter, page-5

  1. loki01
    11,117 Posts.
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    30/07/09
    13:32
    Post #: 5448800
    An excellent report. Even the Prez turned up to open the plant.

    Low cash cost production of $USD350 - how often can you find that on the ASX? This is lower than what I saw in a forecast by Keith Goode.

    59,000 ounces produced in June quarter - excellent.

    Green field area for gold, with lots more prospects.

    And the mineral sands deposit to come down the track.

    I expect more brokers and the institutions will start to take notice soon.

    loki
    MDL Price at posting: 68.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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