MDI middle island resources limited

Has anybody run the numbers on MDI discovery?

  1. 46 Posts.
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    The southern-most RC drill hole at Shillington includes an intercept of 3m
    at 6.86g/t Au, while the northern-most RC drill hole at the Ridge Prospect
    includes an intercept of 3m at 8.77g/t Au, both of which remain
    completely open and undrilled beneath cover to the southeast and
    northwest respectively.
    • Other infill and extension


    Has anybody run the numbers on what this could be worth if the motherlode is
    between Shillington and Ridge Prospect?

    I think the above statement by Mgt is the most crucial I have seen and why I bought the stock at 1.35 cents

    I would have to think that 100% probability of something substantial between Ridge and Shillington 1.5 km strike length....
    From a geology point of you cant not have something in the middle of this thing....

    AUD 38m market cap at 1.7 cents
    USD 1700 on gold @ 0.6974 going to be good

    If it hits paydirt this thing will run very hard and quickly short term need to break 2 cents and think it could get to 10 cents very very quickly.
    2132m shares @ 10 cents would only value it at AUD 200m.

    Really looking forward to the next 4 -6 weeks and Rick drilling this deposit hard

    Looking at Daily and Weekly charts for MDI I'm seeing:- 5, 8, 13 and 50-period Moving Averages all trending up and diverging on Daily chart. 5 and 8 MAs are starting to converge on Weekly chart.- A MACD crossover late on Thursday 28th May (positive) indicating a buy signal

 
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(20min delay)
Last
2.1¢
Change
0.000(0.00%)
Mkt cap ! $6.157M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 86698 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 250000 1
View Market Depth
Last trade - 16.12pm 20/06/2025 (20 minute delay) ?
MDI (ASX) Chart
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