Australia's largest stock trading and investment forum Australia's #1 stock forum

MDI

Click for more information

0.00%

1.7¢ middle island resources limited

Ann: Fifth new gold deposit ends first 2020 drill campaign, page-44

First 44 Last

Share
Profile

Follow
exchanger

18,314 Posts.

627

29/05/20

21:01

Post #: 44929879
Share

Originally posted by Corgi ↑

I'll take over, though, i don't like targeting Short Term SP targets. Pretty confident that once the PFS & resource is updated, we should be around a conservative $100 Mil MC+. So circa 5.5 cents fair value.

All depends on how big the resource is, wasn't expecting MDI to announce that new huge target strike length of 1.1km.

At the day of the day, we'd be valued on the resource and assets we own. As stated previously, our assets are worth more than the current MC, so take that as the MC is well below a fair value of the company. The current resource for the extension of the existing positions have not been quantified yet and we have a few new deposits to measure up.

I want to know who the new holder is so i can anticipate their intent with aggressively accumulating such large volumes.

Perhaps we should have increased our offer when we tried to Take Over AME earlier. Would have added much more value.

Expand

That's right, 5c is a fair value short term

MDI Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

NHF

Burgeoning NZ insurance claims drive 1H25 operating loss for nib

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Trump is President Again: What Does This Mean for Crypto?

ACW

Actinogen receives $9M R&D tax rebate to fund Alzheimer's trial

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 40 more messages in this thread...

First 44 Last

Add MDI (ASX) to my watchlist

(20min delay)
Last 1.7¢		Change 0.000(0.00%)		Mkt cap ! $4.642M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	172697	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	100000	1

View Market Depth

No.	Vol.	Price($)
2	172697	0.016
4	2441000	0.015
4	253000	0.014
1	500000	0.013
3	1633415	0.012

Price($)	Vol.	No.
0.017	100000	1
0.018	151448	2
0.019	374759	2
0.020	481082	3
0.021	208200	2

Last trade - 11.26am 12/11/2024 (20 minute delay)

MDI (ASX) Chart

Day chart unavailable

SPONSORED BY