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0.1¢ mount ridley mines limited

Agree with you totally ace. But unfortunately a lot see all...

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SImon23

402 Posts.

88

12/12/23

16:21

Post #: 71408937
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Originally posted by aceagles: ↑

It is currently and the chances of a consolidation that big are precisely zero. Careful what you wish for it’s far easier to .002 to 0.05/.07 than it is the share was much more expensive after a consolidation. You consolidate if you’re in danger of disappearing off the market we’re not and if you need too, at this stage there’s no need to whatsoever. Everytime you speak to David shares on issue are the least of his concerns as he believes that high average grades, the size of the resources and if they can prove the economics of extraction and processing that they’ll easily overcome the number of shares on issue.

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Agree with you totally ace. But unfortunately a lot see all those shares and get spooked.
maybe some good news to get the price rocketing and then a consolidation to keep everyone happy.
100 to 1 was just a figure to bring us to similar terms with OD6.

MRD Price at posting: 0.2¢ Sentiment: Buy Disclosure: Held
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