MDI middle island resources limited

Took 3 months for the market to catch onto the rapidly growing...

  1. 617 Posts.
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    https://hotcopper.com.au/data/attachments/2109/2109509-c5e10ec8832936f9a7187e07c0b85464.jpg
    Took 3 months for the market to catch onto the rapidly growing DEG discoveries related to the intrusive systems.
    (Obviously, DEG was already undervalued with its resource scale/size and more than economic already but it seems its gloomy reputation from the nugget rush lingered until the market caught up + needed a kick to remove stale holders as it was continuously sold down by Regal knowing a new allocation of shares would be distributed during cap raises as DEG continued their rapid approach)

    https://hotcopper.com.au/data/attachments/2109/2109526-d93c56c5647e77a776824b8559e9b890.jpg
    (circa 3month wait for a major rerate along with further discoveries)

    Although a different capital structure, the large seller today + stale holders provide an opportunity to capitalize on the early-stage potential of this junior targeting high similarity intrusive/structurally defined targets with the correct geochem approach prior to RC drilling etc.

    Massively underexplored region with transported cover clearly limiting exploration in previous years. Modern-day approach is going to set it on fire with nearly every target they drill being mineralised... Archaen-aged granite intrusions etc..

    https://hotcopper.com.au/data/attachments/2109/2109554-f12d3bb8b9fcfb09382a8f3695ad930f.jpg
    (DEG intrusion-related targets)

    Now see MDI early stage below.

    https://hotcopper.com.au/data/attachments/2109/2109563-3a36e915caf38ad02b3cbbb7c8608ea6.jpg

    https://hotcopper.com.au/data/attachments/2109/2109564-69738410f59c53824eb144a351fe98fb.jpg

 
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Last
2.1¢
Change
0.000(0.00%)
Mkt cap ! $6.157M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 86698 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 250000 1
View Market Depth
Last trade - 16.12pm 20/06/2025 (20 minute delay) ?
MDI (ASX) Chart
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