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0.1¢ mount ridley mines limited

Ann: AFR Presentation, page-22

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dd286690

475 Posts.

48

21/12/22

13:29

Post #: 65400015
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Originally posted by aceagles: ↑

You’ve got zero idea mate, zero idea, they’re way more advanced in their development than their neighbours are drilling program they’ve already undertaken is huge and the current one is even bigger and they’ve got high value grades through the tenement. Company can’t do the labs for themselves, results are dictated by the speed at which the labs are able to work and they’re all absolutely inundated with work, they’re still waiting on samples that were submitted back in June.
Go back and read their latest announcements and the AGM. One of the most astute minerals investors in the country, Gavin Argyle, over the last year has bought heavily into them and is now their major shareholder and is almost certainly still buying.
They intend barring any unforeseen developments to bring the project to a mine themselves unless there’s a massive takeover offer, this is only the beginning

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Keep this reply for 1 year or more and you will see mrd at 0.005 or less. They have resources but not a good management.
I am following mrd for long enough and if you bit intelligent check chart then you will realised the reality.

MRD Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
1 Upvote

1 Great analysis

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