I know mate, the SP right now is a joke! Less than 5% of the...

I know mate, the SP right now is a joke! Less than 5% of the goldies on the Asx right now will ever make it into production. The remaining 95% are just lifestyle companies and traders' playground. MDI is ready to pour 25k-40k of gold next year, with a very good exploration potential to extend its mine's life and ironically we are sitting near the bottom in term of market cap.

I've said this before and and I will say this again: this market will go down in history as one of the most ridiculous ones! Take SNG for example, they are about to drill an 2 area previously produced 41koz and 136koz gold THROUGHOUT their mine's life. It would take ages for them to prove up a resource, provide a DFS, get the finance and start mining (if ever they find something worth mining). SP jumped 220% since IPO and its market cap is currently very near MDI's.

A terrific rerate will happen soon for MDI I believe. Sometimes it happens because of a reason, even the least expected one, like what happened with NVA today, a presentation with no new information. Sometimes there is no reason, it just happens all out the the blue. But it definitely will and when it does, I need to make sure that Im loaded.