MDL 0.00% $1.75 mineral deposits limited

So Red Back was the seller who has been keeping the price down...

  1. 176 Posts.
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    So Red Back was the seller who has been keeping the price down over the last week.

    they have sold around 6M shares for about 4M AUD, their sale of shares has also closed fully subscribed for 165MCDN.

    So they have a kitty of around 200M AUD to acquire goodies.I dont think that is enough to do the job on MDL without other capital.

    I also note the increased Measure,Indicated and Inferred resource for sabodala of 3.5M oz which at todays gold price is well over 4 Billion AUD!!
 
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Currently unlisted public company.

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