MLS 0.00% 2.4¢ metals australia ltd

There is nothing wrong with the resource. $160 million NPV for...

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  1. 2,404 Posts.
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    There is nothing wrong with the resource. $160 million NPV for just the first 1.6 km strike of a 4 km Main Strike PLUS parallel structure at West Caheil. So, you have plenty plenty upside here with further drilling and development. There could easily be a resource of double or even triple the NPV. In fact it would not be too much extra cost to expand the mine site. We could be sitting on NPV of $500 million with further favourable drilling just in the graphite and at low graphite prices.

    PLUS this is just the graphite. What about the gold, silver and copper of Felice and Pontis?

    Market should wake up here at this enormous upside potential.


 
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