@HWchopperThere’s been so much good news released by MDI that...

@HWchopper

There’s been so much good news released by MDI that indicates they will commence mining in 2021. The company will be totally different this time next year.

We know they have doubled their open pit inventory through the Phase 2 drilling program, and have commenced Phase 3 drilling of select targets, including Shilligton Gap, which could show continuity between Ridge and Shillington deposits. If you read the announcements carefully they indicate those extensions are likely. They’re also doing sterilisation drilling in Phase 3 to plan were to dump waste and tailings. That Phase 3 drilling will be complete in late December.

MDI will also consolidate the SOI at 23:1 in late December, prior to releasing the Feasibility Study in January.

In the meantime, keep an eye on the AGMs for both AME (Wednesday) and MDI (Thursday) this week. IMO these are worth watching, as success at AME will ultimately be success for MDI - they will need to toll mill their ore somewhere, right..?

As always, DYOR and GLTAH