Hopefully they get the MRE done and it's significant. They can then turn the drills off and concentrate on a flow sheet. A big resource is fine, drilling for a bigger and bigger one will just be a waste of money. Need to start preserving cash as no chance of doing a raise in these conditions. Look at neighbours OD6, SP down to 0.087 at time of writing and no bottom in sight, we just can't go any lower.
I'll happily take whatever grants the Gov is handing out and MRD need to survive a very lean 2024 and hopefully year end will present us with a working flow sheet.
Hopefully they get the MRE done and it's significant. They can...
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Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $2.335M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.425K | 475K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 26994115 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 4604863 | 12 |
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| Last trade - 11.30am 21/07/2025 (20 minute delay) ? |
| MRD (ASX) Chart |