"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.
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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.
"another high possibility is we find a sheet load of high grade,...
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Last
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Change
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Mkt cap ! $15.56M | |||
| Open | High | Low | Value | Volume |
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| 13 | 1287917 | 2.0¢ |
Sellers (Offers)
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