MDI middle island resources limited

I don't have a short term price target, however, fundamentally,...

  1. 2,632 Posts.
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    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 rolleyes.pngrolleyes.png
 
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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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