MDI middle island resources limited

We should expect a pretty low AISC, I'm expecting less than...

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    We should expect a pretty low AISC, I'm expecting less than $850/Oz.

    Using BCN's PFS numbers which was based on them relocating an existing plant, refurbishing some components and purchasing new items, their financial metrics are as below.

    https://hotcopper.com.au/data/attachments/2485/2485958-3892462a49b2a5016230a09f6290124c.jpg

    The thing that is holding them back is concern's with their LOM and their piss weak exploration strategy. We won't have that issue.

    The POG should remain strong over the next 24-36 months, profits should be in abundance.

    It would be great if at some point if we Acquired AME, it'd be fair to offer them up $90/oz/resource, they should accept it aswell. We'd then be able to upgrade the plant to increase production. I'm speculating, but, that is probably why they stymied the take-over bid attempts recently and decided to go drilling again to upgrade their resource.

    Anyways, not long now till the end of the year.

 
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