MDI middle island resources limited
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There is no doubt that this FS is disappointing. But there are a...

  1. Kohl
    1 Posts.
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    19/04/21
    10:42
    Post #: 52559302
    There is no doubt that this FS is disappointing. But there are a few points that are worth noting, the most important of which is the 17% reduction in operating expenses after the upgrade 750ktpa, which means that the project will still be cash flow positive on the basis of existing POG. With MDI 746000oz gold reserves, it's still a good business. The question is whether there will be a significant infusion of money to help them make such an upgrade in the current situation. GLTAH
    MDI Price at posting: 16.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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2.1¢ 		Change
0.000(0.00%) 		Mkt cap ! $6.157M
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Last trade - 16.12pm 20/06/2025 (20 minute delay) ?
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