I called Peter Chapman ( non exec Director MLI) about the prospects of MLI on Friday. He told me that MLI was on stream to commission a new processing plant in late NOV.early DEC.2009. ( five weeks )
He expressed that this has been a difficult period but the company is now moving forward.
The new plant will produce 40,000+ 0z. Gold annualised per annumn.
He explained The major shareholders want the next meeting in London because that is where they are based.
I am Informed that the Majors are looking for substantial improvment within the company. That in turn will relate to a very Improved SP.
Hopefully there will good movement upwards for the SP.
Maybe 2010 will see some elevated advancment for Shareholders
Good luck to Everyone.
phone call with director
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $111.0M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.6¢ | 2.4¢ | $95.06K | 3.804M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 807506 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 11602 | 1 |
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