MLS 4.76% 2.2¢ metals australia ltd

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

  1. 7,975 Posts.
    lightbulb Created with Sketch. 1801
    "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.
 
watchlist Created with Sketch. Add MLS (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
0.001(4.76%)
Mkt cap ! $15.56M
Open High Low Value Volume
2.1¢ 2.2¢ 2.1¢ $1.146K 54.59K

Buyers (Bids)

No. Vol. Price($)
4 1073441 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 510938 6
View Market Depth
Last trade - 10.04am 14/05/2024 (20 minute delay) ?
MLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.