MDI middle island resources limited

Definitely, apart of traders who look no further than assays...

  1. 2,636 Posts.
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    Definitely, apart of traders who look no further than assays from drills and only read headlines, the real money here is the 'near mine readiness' of both the MDI & AME prospects.

    A prospect only has significantly value if the gold can realistically and feasibly be mined. Otherwise, it's just a resource in ground, physically, worthless.

    It took many years of pain for MDI & AME to get to where they are now, something that needs to be highly valued aswell. Now we are on the brink of being production ready. Many miners who have just begun their exploration campaign face the risk of the POG falling by the time they are mine ready and it'd essentially kill their prospect, very real indeed, look at all those failed explorers that had to shelve their prospects in circa 2012 onwards.

    There literally could be a first bullion pour in approximately 18 months of less.




 
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(20min delay)
Last
2.0¢
Change
0.000(0.00%)
Mkt cap ! $5.864M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 16323 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 79582 1
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Last trade - 16.26pm 25/07/2025 (20 minute delay) ?
MDI (ASX) Chart
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