Well by reading all your posts, it seem most agree that Manindi is advancing well.
I for one have noticed the companies increased communication to shareholders of late, combining with that the increased activity in it's prospects and as a result has led to an increased and firming share price.
Manindi Zinc Project
firstly Quote; Metals have begun a detailed development study of the Manindi project,with a view to bringing the project into production.
After reviewing the update,I see Jorc resource upgade by say some time january 08,then subject satifactory outcome move to BFS [bank feasibility study] note a jorc resource is a firm asset to mls's balance sheet,thus a potential major increase to share price.
Imagine they will proceed with development plans while drilling out,the other identified targets possibly as early as,feb/march 08.
Which could substantial increase resourse tonnage further, with this and Miles 72 exciting prospects ie;drilling early 08 and expected grade results etc,will attract alot of broker interest and support,resulting in spec buy recomdations for metal's
making metals a lot more desirable and valuble in the process.
Market cap of $280mill to $400mill or 40c to 60c a share is then very possible to achieve in the short term 4 to 6mths.
Regards Expand.
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Mkt cap ! $17.45M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.4¢ | $5.074K | 210.0K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 127941 | 2.4¢ |
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Price($) | Vol. | No. |
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2.6¢ | 99013 | 1 |
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No. | Vol. | Price($) |
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1 | 127941 | 0.024 |
3 | 843043 | 0.023 |
9 | 3946180 | 0.022 |
1 | 142857 | 0.021 |
3 | 325000 | 0.020 |
Price($) | Vol. | No. |
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0.026 | 99013 | 1 |
0.027 | 450600 | 3 |
0.029 | 75000 | 1 |
0.030 | 102684 | 4 |
0.031 | 288000 | 1 |
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