MDI middle island resources limited
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Ann: Sandstone gold project surpasses 730,000oz with new resource, page-23

  1. hahaer
    198 Posts.
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    15/11/20
    07:24
    Post #: 48880577
    Do people really do their own research before posting in a public forum? Isn’t it quite common to overestimate commodity price in RPEEE? Below is feasibility study of CDV on 28th Oct 2019. GP by then is less than US$1,500 while their optimisation price is US$1950, over 30% overestimated! This estimation price is least mattered factor in FS as long as cutoff is above 0.5 g/t.
    https://hotcopper.com.au/data/attachments/2650/2650968-77f6d8801685942d722d972f646badb6.jpg
    MDI Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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2.3¢ 		Change
0.001(4.55%) 		Mkt cap ! $6.744M
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No. Vol. Price($)
1 281970 2.2¢
 

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Price($) Vol. No.
2.4¢ 250000 1
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