MLM 0.00% 3.4¢ metallica minerals limited

Ann: Cape Flattery Silica Sand Project Production Target, page-34

  1. 606 Posts.
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    Like many I'm wondering why, with all this potential, the price is not reflecting it. My thoughts are: 1) slow down in building in China - reduced demand for silica in building projects? 2) MLM is in that awkward in between stage where potential has been identified, but there's questions on whether it will be fulfilled.
    Anyone else have thoughts on why the SP is down? I know there were some non-holders a while ago who had some ideas, not sure if they are still around?
    For clarity, I'm holding and will continue to do so as I believe there is future upside, just wanting to understand the drivers of the current SP.
 
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