After doing plenty of research I believe this company has much...

After doing plenty of research I believe this company has much to offer and have bought in.

Mining services companies are very attractive as they are not exposed to the exchange rate the way the miners are. From my observation there is certainly a trend in the industry to contract out mining work traditionally done by company employees. MLD looks very undervalued provided results come in as predicted. There is nothing to suggest they will not and go beyond. I believe a quality management team such as this would have quite conservative estimates in the prospectus.

In a reasonably illiquid stock like this those psychological barriers don't mean too much imo. Anyway looking forward to the half yearly results.... Best of Luck.

Cheers
Nacra