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6.25%

1.5¢ middle island resources limited

Good luck to all and have a great weekend. The 3rd week of March...

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493 Posts.

31

12/03/21

15:19

Post #: 51724676
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Originally posted by Bellavena85: ↑

I dont think anything is leaked. MDI has been staying at a retarded valuation for too long. Let me put it this way, Mr Market has been knocking on my door everyday since last year asking to buy my 400m2 luxury rooftop apartment overlooking the Sydney harbour for $50k. He has been convincing me that all of my neighbours are also selling at that price. Should I also sell at the valuation he told me or should I tell him to f*** off?

Needless to say that the FS would be positive, it's just a matter of how positive? How much profit we would make including toll milling? The last annoucement the company mentioned that it's thinking about upgrading the plant from 600ktpa to 750ktpa, surely there must be some solid interest going on. More interest = more profit.
760koz gold + more drilling to extend resource + 600ktpa plant that only take 7 more months to start milking cash + monopoly toll milling in a multimillions ounces gold region + 5M in cash & investment = $27M market cap????

MDI does not need any leak for a serious rerate right now!

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Good luck to all and have a great weekend.
The 3rd week of March is upon us

MDI Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.5¢		Change -0.001(6.25%)		Mkt cap ! $3.268M

Open	High	Low	Value	Volume
1.5¢	1.5¢	1.5¢	$0	1

Buyers (Bids)

No.	Vol.	Price($)
3	475048	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	362636	2

View Market Depth

No.	Vol.	Price($)
3	475048	0.015
2	178810	0.014
2	332696	0.013
2	104120	0.012
1	250083	0.011

Price($)	Vol.	No.
0.017	362636	2
0.018	652174	1
0.019	200000	1
0.020	200689	2
0.021	100000	1

Last trade - 10.04am 10/05/2024 (20 minute delay)

MDI (ASX) Chart