MDI middle island resources limited
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I rather they borrow funds to refurb plant etc not issue more...

  1. chakortair
    1,078 Posts.
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    04/10/20
    15:46
    Post #: 47840854
    I rather they borrow funds to refurb plant etc not issue more shares, $10million will add another 500,000 shares to register will always keep downward pressure on the price as those holders drip-sell as price moves up. We’ve experienced that long enough with option holders. Even with high AISC of $1800 (I don’t think ours will be that high) and gold still high, it shouldn’t take too long to pay off debt.
    MDI Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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