I don't have a short term price target, however, fundamentally, as a future producer, all i know is the following
- Processing Plant & Assets worth circa - $80 Mil
- Stated target early production output of 20-40Koz P.A
- Current scoping study to increased the size of the processing plant.
- Short Payback period on any debt financing
- The Market Cap should increase in accordance with future revenue and valued accordingly
- To the bears that do not think the market cap will rise, particularly for a producer, well, i guess I'm going to be one of many that are invested in a company that in the next 2-3 years will be sitting on cash and assets worth RISING MULTIPLES of the current market cap. Hell, at some point, they could even have Current & Non-Current assets on the Bal Sheet worth 20x the market cap
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MDI
middle island resources limited
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2.1¢

I don't have a short term price target, however, fundamentally,...
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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($) | Vol. | No. |
---|---|---|
2.4¢ | 250000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 86698 | 0.023 |
2 | 245454 | 0.022 |
1 | 203461 | 0.021 |
2 | 291413 | 0.020 |
1 | 200000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 250000 | 1 |
0.025 | 499999 | 1 |
0.028 | 55000 | 1 |
0.029 | 193839 | 2 |
0.030 | 150000 | 1 |
Last trade - 16.12pm 20/06/2025 (20 minute delay) ? |
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MDI (ASX) Chart |