Shares on issue: 819 M
MC: $9.13M @ 0.007 cents
Cash: Approx. $497k
MLS is an ASX resource exploration company with interest in Zinc, Lithium, Graphite and potentially Cobalt.
-The company has just completed its drilling at Manindi and discovered a much larger potential Zinc resource.
-Further drilling planned in the near future for both Zinc and Lithium.
-Discovered Cobalt in the last lot of drilling and geo's are investigating the results further.
Huge sell off after last drilling and now looks to be oversold. Last couple of days volume has dropped off so could be forming a bottom.
