MDL appears to have been grossly oversold compared to other mineral sands stocks. The doubts about an early recovery in mineral sands prices seems to have been responsible for the recent fall in mineral sands companies' share prices.
The remaining commissioning risks at Grand Cote would not account for the price drop. Director are buying. Share price is one third of NTA. I have topped up at the prices.
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oversold ?
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
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