AME and MDI could be in play though not in the near term.
MDI does not have a viable stand alone project according to today's FS.
AME is the obvious feed for the MDI plant but AME are likely holding out in hope of a West Gold JV or TO.
But the 150 km trucking distance to the West Gold plant makes milling AME gold there unviable.
The grades are not high enough for this to work.
Likely that AME will expand its resource but not to the point where it can raise the Capex for its own plant.
Down the track AME and MDI could well form a partnership.
Venus could supply additional feed especially if its high grade Western Ridge project produces more high grade gold.
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.157M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 250000 | 1 |
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| Last trade - 16.12pm 17/06/2025 (20 minute delay) ? |
| MDI (ASX) Chart |
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