These things don't happen overnight. MLS may have spent more than was projected but that's ok if it was on drilling or anything else that helps to progress the projects. The announcent on 1/3/07 said they were going to do 5400m of diamond drilling at Mandindi. If they have undertaken this amount then it would be easy to see how they spent as much as they did last quarter, depending of course on whether it has been paid for. Not much downside from here, just hang in there and wait or top up and wait.
MLS Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
