MDI middle island resources limited

IMO, some people have a major depth perception problem and...

  1. 2,632 Posts.
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    IMO, some people have a major depth perception problem and understanding the actual magnitude of time. Also, the lack of patience, experience, understanding industry/market valuations + the constant need to seek instant gratification. Following the GFC and during the gold Bullrun, whilst most exploration companies where achieving multi-bag re-rates during the periods of 2009-2010. A small shell acquired a small scale producing mine. Boring. Re-evaluation was slow. When the bullrun was over. This small scale producer continued to execute, use free cashflow to acquire more assets and grow into now a $10 Bil market cap company. The best performer of the lot!

    I've done a simple timeline analysis from Mine Commencement to about 1.5 years of production below to help some understand the timing a little better and how it correlates with fundamentals and execution.

    Not saying we will achieve anywhere near what the below peer has been able to, but, with access to 1.8Moz of stranded deposits nearby, you can tick any future exploration risk off the box.

    Once again, MDI isn't a traders stock, you are invested in MDI backing the longer term execution and fundamentals that they are going to successfully recommence mining, expand their capacity output (as stated numerous times in various interviews) & acquire consolidate other deposits. Nothing has changed and they have Management have to date ACHIEVED EVERYTHING THEY SAID THEY WOULD DO.

    https://hotcopper.com.au/data/attachments/2647/2647558-463332bc08cc565eb5a83c30c388ae35.jpg
    https://hotcopper.com.au/data/attachments/2647/2647642-663a7f650d04de131f24813284bec330.jpg
 
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Mkt cap ! $6.157M
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Last trade - 16.12pm 20/06/2025 (20 minute delay) ?
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