MDI middle island resources limited
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Ann: Quarterly Activities Report, page-3

  1. Wilbur70
    241 Posts.
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    23/07/20
    09:03
    Post #: 46036743
    Wow. Great report.

    Not only are the updated resource estimates for the 3 main deposits 'imminent' but we have plenty of cash and have now moved straight past the DFS to full FS status on the project.

    The confidence (and now even the rhetoric...see below) that we'll be going mining and recommissioning the plant are palpable.

    It's not just the host of assay results that are 'imminent' but a major rerate of MDI's valuation as well.

    A big thumbs up from me and well-done to management.

    https://hotcopper.com.au/data/attachments/2320/2320108-a372266610c47fef8c15b1e6009f2ee3.jpg

    https://hotcopper.com.au/data/attachments/2320/2320116-45d92fa7b6b5f2260e68b8500de32aea.jpg
    Looking forward to the 'imminent' events.

    AIMO and DYOR.

    MDI Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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