Hi All
There are three key points with this stock:
1) Radon cup sampling is broader and higher grade than Extract Resources (EXT current SP $8.50c)
2) The directors don't directly own any stock
3) Reports and exploration is very conservative with very little drilling attempted so far
Point one suggests that there is blue sky potential with grades and widths. Point two does not necessarily mean there is nothing in this in the future for the directors. Point three may actually be a good thing as the directors are not irresponsibly spending money and diluting shareholder wealth as certain other Australian companies we know well are doing in Africa. One company I know has gone from 1 billion shares on issue to 3 billion in the space of a few years with the sp staying about the same.
Hold tight MLS shareholders you might be on to something big!
Good luck to all holders
Jorcmetals
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Please DYOR as these are only my opinions
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Hi AllThere are three key points with this stock:1) Radon cup...
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Mkt cap ! $13.81M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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4 | 349703 | 0.017 |
5 | 1105437 | 0.016 |
3 | 1901419 | 0.015 |
1 | 650000 | 0.013 |
Price($) | Vol. | No. |
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0.020 | 675888 | 2 |
0.021 | 849741 | 6 |
0.022 | 474311 | 2 |
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