MLS 0.00% 2.4¢ metals australia ltd

5 million option sell, page-7

  1. 1,895 Posts.
    omera29, a good possibilty. I have had contact with management a couple of times and I find that nothing seems to run on time as said. I have found that the opportunity cost is too great to hold.

    A quick comparison with PDZ which has a larger Zinc resource, but no Uranium prospects. Market Capitalisation is $49m (diluted -options due in May) against MLS at $40M (undiluted). PDZ has started its BFS and is still drilling. I do not presently own PDZ, but as a quick comparison I think at this stage they offer better value and provide regular updates to the market.

    I will watch with interest as there is potential, but not sure if managemnt are up to the task.
 
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1 36665 2.4¢
 

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Price($) Vol. No.
2.6¢ 905001 3
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