Grades are excellent for mineralization from surface!
The stripping ratio is likely less than 1:1.
Let's not be greedy.
This is exactly what we want, what everyone envies. Shallow open pittable resources, low stripping ratio, good mets with high recoveries all leads to a super low AISC, probably less than $850 Aud/Oz.
IMO, at the end of this campaign with the incorporation of the increased resource we will have an aggregate LOM of over 15 years. That doen't factor the toll milling options! Imagine how much money we'd make if we processed 50% of the 1.8Moz?
If we get 5-7 years of good production at the current gold prices, the company market cap would be testing $600 Mil.
You want HIGH GRADES? Look at what we have to come at Plum Pudding based on historic drill results
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MDI
middle island resources limited
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Grades are excellent for mineralization from surface! The...
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.984M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 327578 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.9¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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3 | 327578 | 0.017 |
1 | 500000 | 0.016 |
1 | 1019214 | 0.015 |
1 | 80000 | 0.012 |
3 | 173322 | 0.011 |
Price($) | Vol. | No. |
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0.020 | 179582 | 2 |
0.021 | 100000 | 1 |
0.022 | 40000 | 1 |
0.025 | 539472 | 2 |
0.026 | 150000 | 1 |
Last trade - 16.21pm 30/07/2025 (20 minute delay) ? |
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