MLS 5.26% 2.0¢ metals australia ltd

me too, got 250k this morning for min parcel, at .002. 500...

  1. 27,219 Posts.
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    me too, got 250k this morning for min parcel, at .002. 500 bucks.

    All this needs is the tenament renewals to come thru, and its game on.

    Spoke to the company last week, same deal, they are as frustrated as us, and have people liasoning with the right goverment personel, the crux of the problem is that the goverment over there is understaffed, and that causes delays.

    There are no objections, or other applicants, so the renewals would appear simple due dilligence and patience.

    So theres the punt, Sept 09 oppies.

    11 months. Well, if they get them withinin say 6months, we will see the heads rally quickly, from 1.2c to maybe 2-3 cnets, and those oppies, 5c strike, probably run to 30-50% of heads, so, maybe a cent???

    Thats a 5x from .002.

    Cheers
 
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