MLS 0.00% 2.1¢ metals australia ltd

I will leave this question to more longer term holders as I only...

  1. 312 Posts.
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    I will leave this question to more longer term holders as I only invested in MLS last month. Having said that, it is quite common to have a mgmt team with accounting, legal and banking background, which then surround themselves with a good drilling contractor and technical advisers.

    I invested in MLS because of the quality and location of the assets. I also felt that the market was (and still is) mispricing the company given it already has a high grade (albeit relatively small but which can increase in size with further drilling) graphite deposit and a small zinc deposit. You can refer to one of my previous posts where I did a comparison with NMG, which has a bigger and more advanced graphite project in Quebec.

    I also liked the fact that MLS has an ongoing drill campaign for their lithium asset (which they already drilled in the past and came up with confirmed lithium intersects) versus other companies which are not drilling yet and which have higher valuations.



 
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