MDI middle island resources limited

Ann: Second new gold deposit defined at Sandstone project, page-82

  1. 4,475 Posts.
    lightbulb Created with Sketch. 1090
    have a read of what MDI has and work out what this is worth with gold at $2700 an ounce. ill give you a tip more than $20 million EV.

    • Sandstone Project 100% owned.

    • 600,000tpa processing plant; fully permitted, operating licence.

    • JORC Mineral Resources of 537,000oz gold.

    • Exploration Target of 900,000oz to 1.5Moz gold.

    • Major drilling campaign in progress.

    • PFS update in Q2 2020.

    • Genuine prospect of imminent recommissioning.

    • Only plant for 150km; actively pursuing broader regional
    consolidation.

    • Optionality of new Barkly IOCG super-project.

    • Emerging, under-valued developer/explorer in buoyant Australian

 
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Mkt cap ! $6.451M
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2.2¢ 2.2¢ 2.2¢ $191 8.688K

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No. Vol. Price($)
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