Yes, the sooner they get into production the better, I think, only then, MDI will get valued fairly as a producer and not with a Market Cap of an early explorer.
At the moment, our Assets & processing plant alone is worth more than the market cap.
Based on a recent PFS of a similar sized assets and plant, to acquire everything brand you would cost approx $70 Mil.
I'm assuming the recent selling would be option converters cashing out.
MDI isn't for traders, only longs. Once production recommences, a fair market cap should be around $150 Mil & rising with each quarter of production.
- Forums
- ASX - By Stock
- MDI
- Ann: Multiple high grade gold results returned from Plum Pudding
Ann: Multiple high grade gold results returned from Plum Pudding, page-13
Featured News
Add MDI (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.915M |
Open | High | Low | Value | Volume |
1.7¢ | 1.8¢ | 1.7¢ | $4.547K | 253.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 237182 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.018 |
2 | 185715 | 0.017 |
4 | 1825000 | 0.016 |
3 | 2600000 | 0.015 |
8 | 1896928 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 237182 | 2 |
0.020 | 431082 | 2 |
0.021 | 184200 | 1 |
0.022 | 100000 | 1 |
0.023 | 100000 | 1 |
Last trade - 15.41pm 28/10/2024 (20 minute delay) ? |
Featured News
MDI (ASX) Chart |