MLS 5.00% 2.1¢ metals australia ltd

MLS :Multiple Targets for "Micro" Cent., page-3434

  1. 7,988 Posts.
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    "another high possibility is we find a sheet load of high grade, large flake size graphite which is a critical metal. Offtake agreements come flooding in and they invest the money. Seen it happen many times.", Mad15.
    ------------
    Agreed .

    If we find " a sheet load of high grade, large flake size graphite which is a critical metal " we will need #$30mil - $40mil+ , depend on MLS's strategy + tactics , for CAPEX + production and this amount of money will come , another big step + re-rate , I believe.

    So, I am not concern about little money for drilling and SP in short term , BOD will do whatever they have to do to push MLS forward : Exploration to Production .

    That's what I'm waiting to see.
    Wishing all the best for long term holders.
    IMO .

    Cheers.
 
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