MLS 9.09% 2.4¢ metals australia ltd

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  1. 279 Posts.
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    If the 4 months wait time (which has been discussed quite a few times) turns out to be on time, that leads towards the end of November at the earliest convenience for results(presuming there are no delays which we can fully expect with how bonkers the world is atm). Thy ought to be positive, I cannot say that with any degree of confidence, but with that area having successful history with graphite prior there's a very good chance results would be positive.

    It's just a timing issue for investors as the latter half of this year has been a bit quiet since the madness of the early/mid year market madness.

    If they do manage to come to a decision about a director at the end of the month, and we have a new wave of activity for Lac Rainy along with further developments for Manindi and the other aquired projects, MLS trying to set up a slew of different projects providing materials for battery and other renewable technologies will hopefully lead to a better year.

    I've held since 2017 or so, been utterly frustrated, but I do recall seeing 2025 as a possible start date for Lac Rainy to get going. I can't remember the announcement but I hope I'm not misremembering.

    In short, I'm hopeful for Lac Rainy as graphite and graphene has an intriguing future for a range of products (being involved in Civil Engineering, the application for concrete and steel coatings are very positive from a preliminary standpoint) but more than anything I'd like to see MLS go from being in a position of ongoing capital raisings with little to show for it, to having a successful Graphite mine with ongoing positive exploration of potential lithium/nickel/cobalt future.

    Last edited by snickothemule: 20/10/22
 
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