MDI middle island resources limited
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We need to see the resource expand but possibly more...

  1. CS96
    445 Posts.
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    23/04/20
    13:56
    Post #: 44213043
    We need to see the resource expand but possibly more importantly, converted to indicated and measured. This will happen with time and more drilling, but currently the vast majority is in the inferred category - probably why the market isn't taken it too seriously for now.

    The infrastructure is MDI's ace up the sleeve, that's the real kicker.
    MDI Price at posting: 1.3¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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