MDI middle island resources limited

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1.7¢

”let’s not be greedy”..... sorry, I can’t help myself :)Very...

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chakortair

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29/07/20

20:47

Post #: 46165819
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Originally posted by Corgi: ↑

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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”let’s not be greedy”..... sorry, I can’t help myself
Very valid points made. I’m in for the long haul or until takeover offer, prefer the former.
Nice big chomp for the final buy of the day, as others have mentioned.

MDI Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
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($)
3	327578	1.7¢

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Price($)	Vol.	No.
1.9¢	40000	1

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No.	Vol.	Price($)
3	327578	0.017
1	500000	0.016
1	1019214	0.015
1	80000	0.012
3	173322	0.011

Price($)	Vol.	No.
0.019	40000	1
0.020	179582	2
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Last trade - 16.21pm 30/07/2025 (20 minute delay)

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