MLS 5.00% 1.9¢ metals australia ltd

re: mls vs pdz Comparing MLS is JML is stupid.MLS is not going...

  1. 63 Posts.
    re: mls vs pdz Comparing MLS is JML is stupid.

    MLS is not going to be in production next year.
    Offtake agreement has nothing to do with production timeframe.

    If you want a fair comparison try comparing to Prairie Downs Zinc. Much fairer comparison with similar progress and very similar resource size. PDZ has offtake agreement with TOHO Zinc also.

    MLS 670 million shares...Mkt Cap $59 million
    JORC (atm, can only increase)...1,052,350 tonnes
    @ about 7.7% zinc...

    PDZ 38 million shares plus 21 million options....Mkt Cap 29 million. (Fully Diluted)....1,032,000 tonnes @ 8.3% zinc. (15km of strike and current drill program has already identified another lode not included in this resource.)

    MLS 59 million
    PDZ 29 million

    Its clear which is the better long term investment.







 
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