MLS 5.00% 1.9¢ metals australia ltd

re: mls vs pdz simmo Point is PDZ has a market cap of 29...

  1. 63 Posts.
    re: mls vs pdz simmo Point is

    PDZ has a market cap of 29 million

    MLS has a market cap of 59 million

    You are paying twice as much for MLS as you are for PDZ for the same resource size. Market Cap is want counts in the long run.

    PDZ also has an offtake agreement with TOHO zinc at 60 cents which is above market value.
    Ask yourself why?

    By comparing PDZ and MLS I am comparing 2 zinc explorers as the same stage with the same size resource.

    MLS have 670 million shares on issue at exploration stage is not a positive.


 
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