MDI middle island resources limited

There was key information advised which was never presented...

  1. 2,632 Posts.
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    There was key information advised which was never presented before.

    First time, it there has been a value on the processing plant and assets.

    Was stated around the 2:45min mark, that the cost to build brand new would be around $80 Mil, which all but confirms that our assets are worth more than the Market Cap, which is completely retarded and way undervalued on another level of stupid.

    Slightly sensitive is the stated value of $10.3 Mil to refurb the plant, it's about the same as the approximate cost of what has been previously reported, however, some may interpret $10.3 to be the firm cost and therefore, good news as there has been no cost overrun or increased tenders from the contractors.

    Too much emphasis from some low IQ posters on drill results. It ain't about the drills, no traders are going to trade mdi, no one gives a shit about the assays, it's all about confirming the resource of the all new deposits and finalizing the feasibility to start making some $$
    Last edited by Corgi: 10/09/20
 
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Last trade - 16.12pm 19/06/2025 (20 minute delay) ?
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