MDI middle island resources limited
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Ann: Sandstone Feasibility Study, page-101

  1. oligarch
    1,933 Posts.
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    14/05/21
    12:53
    Post #: 53177867
    at 14m MC it has me interested for the Barkly IOCG exposure.

    4,000sqkm in a greenfields area. a new frontier in Oz hopefully.

    MDI has 6m approx with cash and investments , so we are looking at 8m EV

    understandable that Sandstone is pretty much worthless now, but 8m for Barkly is reasonable, so im in
    MDI Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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